The Democratic Republic of the Congo managed to position itself above Peru and became the second largest copper producer in the world, according to official data provided by both nations. Despite this achievement in terms of productionthe African country is still behind the South American country when it comes to exports of this metal. The […]
Tag: mining
Colombia: female miners on the hunt for the coveted emerald that will change their lives
Hundreds of meters deep, in tunnels dug into the earth that reach where water is scarce. oxygen and the heat is so stifling that it is nauseating, the hammers drill in search of something green that shines. The hands that hold those tools are those of a group of 200 women Colombian women who make […]
Tía María: is unblocking the mining project viable?
“Aunt María would be a turning point” Víctor Gobitz, president of the SNMPE Let’s avoid the dichotomy. It’s not that water is yes or gold is no, or if Aunt María is going or not going. I could be wrong, but in my context they are formal and supervised investments that generate progress. Tía María […]
Panama: government approves plan for orderly closure of copper mine
The Panamanian Government approved this Tuesday the plan for the “orderly closure” of the copper mine operated by Minera Panamá, a subsidiary of the Canadian First Quantum Minerals (FQM)disqualified since last November when Justice declared “unconstitutional” the contract that renewed its concession. The action plan to execute the closure of the Panama Cobre Mine, the […]
OEFA imposed environmental fines for more than S/822 million
Between the years 2021 and 2023, the Environmental Assessment and Enforcement Agency (OEFA) imposed more than S/822 million 459,034 in fines for environmental violations, most of them directed at the supervised mining and hydrocarbon sectors. According to official information from the regulatory body, in 2023 firm fines were imposed – in which the company did […]
Roque Benavides Ganoza: “We should have US$5 billion in mining investment and we don’t have it”
The year ends with a smile for Minas Buenaventura with the purchase of 19% of its shares by the Chilean Antofagasta, a Luksic Group company. However, Roque Benavides, president of the Peruvian mining company, still sees a long way to go in the local extractive industry, although he recognizes slight progress. -What does 2023 leave […]
Mining investment will fall -14.1%: there are no more large mines
Only three confirmed projects for just over US$834 million will be developed in Peru in 2024. These are Yumpag (US$81 million), Corani (US$603 million) and Romina (US$150 million). If Antamina Replenishment (US$2,000 million) is added, which until two weeks ago had not had its Environmental Impact Study Modification approved (MEIA)—despite the fact that, since 2022, […]
Reinfo: they grant a period of 90 days to request that the registration suspension be lifted
On Thursday, December 21, the Executive Branch published Legislative Decree No. 1607, which modifies Law No. 30077, Law against Organized Crimeincluding a Final Complementary Provision that establishes measures related to the Comprehensive Registry of Mining Formalization (Reinfo), which would seek to strengthen the fight against illegal mining. Natural or legal persons with suspended registration in […]
“Urban mining”: solar panel recycling grows in the US
As countries try to transition away from fossil fuels in the fight against climate change by sources of renewable energynew pollution challenges arise, such as disposing of solar panels that reach the end of their useful life. Previously a novelty, the installation of photovoltaic cells has become widespread in USAespecially in the scorching American West, […]
Peru is preparing a lithium refinery with a capacity of 100,000 tons per year
At an altitude of more than 4,500 m asl, in a region where the main economic activity—the alpaca livestock— has suffered the ravages of increasingly scarce demand, what will be the largest lithium refinery in South America and one of the most important in the world is being prepared, with a projected annual production of […]