As countries try to neutralize greenhouse gas emissions carbonthe world demand for minerals is growing, a green revolution that is accelerating the mining exploitation of the oceans. One of these zones is the Clarion-Clipperton Zone (CCZ), a huge region in the Pacific Ocean, roughly twice the size of India, which has already been divided up […]
Tag: mining
La Libertad continues to be the leading gold producer in the country
La Libertad has positioned itself as the first gold producer in the country, however, it has not yet recovered its production levels that it reached between 2005 and 2015, according to the Chamber of Commerce of the region, which manages the monitoring and promotion of formal and responsible private investment. Precisely, its president, Alfonso Medrano […]
Arequipa: they insist on annulling the resolution that gives land to the Zafranal mine
opinion. CRA Commission concludes in declaring null and void resolution with which property is granted to mine. It also raises complaints to the officials who sign assignment. SAT will auction nearly 700 vehicles: when, where and how to participate? Price of the dollar today in Peru: what is the exchange rate for this May 23? […]
Senace approves EIA of Zafranal mining project in Arequipa
He National Environmental Certification Service for Sustainable Investments (Senace) approved the Environmental Impact Study (EIA-d) of the Zafranal mining project that will exploit copper deposits, between the province of Castilla and Caylloma in the Arequipa region. The approval of the EIA occurs in a difficult context for the investment of Canadian and Japanese capital. The […]
Arequipa: Zafranal mining project awaits final decision from Autodema
The Zafranal Mining Company (CMZ) could lose ownership of 12,207 hectares to exploit copper for 19 years. The Autonomous Authority of Majes (Autodema), owner of the properties, handed over the usufruct of the area with a resolution of October 2022. autodema sent a letter to CMZ to activate the annulment process ex officio and they […]
Arequipa: GRA lacks money to finance inspection of small mines
The Regional Energy and Mines Management of Arequipa, has the mission of supervising artisanal mines, such as Yanaquihua SAC, in whose operation 27 workers died suffocated by the smoke of a fire. However, he has no budget for this work. This was reported by the head of the agency, Yakir Rozas Manya, before the Regional […]
Regional Government of Arequipa seizes land from a US$1.4 billion mining project
He Regional Government of Arequipa (GRA) published a statement annulling the usufruct of 12,207 hectares in favor of the Zafranal mining company. In this extensive area, between the provinces of Castilla and Caylloma, this company plans to exploit copper deposits with a low concentration of gold. The decision of the Arequipa institution, through its attached […]
Mining producers that provide metals to jewelers will have export tax treatment
The Executive Power, within the framework of Law No. 31696 that allows it to legislate on economic reactivation and modernization of State management, promulgated Legislative Decree No. 1552 that modifies the Law on General Sales Tax and Selective Consumption Tax. The norm, published today in El Peruano, provides export tax treatment to mining producers in […]
Peru displaces Chile as the most attractive country to invest in mining
He Peru climbed 8 positions as the most attractive country for invest in mining and went from position 42 (of 84) in 2021 to 34 (of 62) in 2022, displacing Chile, which is now ranked 35, according to the 2022 Annual Survey of Mining Companies of the Fraser Institute from Canada. In 2020, the result […]
“Copper price will trade at $5 a pound next year”
What has been the economic impact of social conflicts for mining?––We must define if it is about social conflict or if it is confused with a political conflict. This is clearly political in nature and this has hindered mining operations. At a global level, before we made 7% of the copper production, now we make […]