The head of the Ministry of Energy and Mines (Mienm), oscar verareported that the southern mining corridor will be unblocked in the coming days. “The information we have is that it will practically be free in the next few days, if not, this week, and the transfer of minerals from Las Bambas, which has been […]
Tag: mining
Four mining projects will begin construction this year, highlights the Minem
Within the framework of the PDAC 2023, the most important mining event in the world, the head of the Ministry of Energy and Mines (Minem), Óscar Vera, confirmed that this year the construction of four mining projects will begin: Corani (Puno), Magistral (Áncash), Romina (Lima ) and Antamina Replacement (Ancash). These will represent a total […]
Companies regain confidence despite current social crisis
countercurrent. The BCRP expectations survey indicates that the majority of Peruvian investors anticipate a blue quarter for the economy and the recovery of employment. In February, business expectations about the national economy in the next three months, according to the radar of the Central Reserve Bank (BCRP), went from 32 to 42 points, while one […]
Arequipa: Zafranal will not accept that they take away land for its mine
He denies vices. Company executives point out that in their understanding the procedure was carried out within the legal framework and that there are no reasons to cancel the assignment. The directors of the Zafranal Mining Company (CMZ) They went to the Regional Council of Arequipa (CRA) to make their position known to the questions […]
The largest tin mine in Peru and South America restarts operations in Puno
A month and a half ago, San Rafael was paralyzed by social protests. Agreements with the communities close to the operation allow this first step to be taken. They estimate that by the end of March they will operate at 100%. The largest tin mine in Peru and South America is in Fist. 50 days […]
Forgotten among toxins: the landfill that Sweden exported to Chile
When Daniel Bembow walks through the Sica Sica town, where he was born, on the outskirts of the Chilean city of Arica, he gets excited. She transitions between sadness, anger and frustration: “It gives a bit of nostalgia to remember these things. For me, it is difficult”he tells EFE while showing a photo from his […]
Sociopolitical crisis deteriorated private investment in 2022
Impact. Although a 0% variation was expected, the fall became more acute in the fourth quarter and closed the year at -0.5%, according to the BCRP. The Government hopes to reverse this negative result and estimates a growth of at least 3% in this indicator. At the beginning of 2022, private investment, after rising 37.4% […]
Minem expects to complete 4 mining projects for US$ 3,000 million this 2023
Minister Óscar Vera Gargurevich said that his portfolio seeks to guarantee the populations that the Peruvian government will be the first to check that they are not affected, and that the agreements in the established contracts and agreements are fulfilled. The Minister of Energy and Mines, Oscar Vera Gargurevichinformed that this year the ministry estimates […]
Trip to Itaituba, the main illegal gold market in the Amazon
It all revolves around trading gold. The bulldozer sale is a success and the miners are revered. Welcome to Itaituba, better known as “nugget city”, the main market of illegal gold of the brazilian amazon. Mining is the engine of this apparently calm municipality bathed by the waters of the Tapajós River, in the state […]
Glencore begins the process of selling its 23% stake in Volcan
The Swiss company joined Volcan as a majority partner in 2018. the swiss company Glencore explore a possible sale of its interest in Volcan. The company has received a letter from its controlling shareholder in which it is informed that it has “disclosed, as part of its preliminary financial results, that in the fourth quarter […]