The Minister of Energy and Mines, Eduardo González, pointed out that in the short term the blockade of the section of the mining corridor in Chumbivilcas (Cusco), which was complied with approximately a month ago by some communities in their conflict with MMG Las Bambas. “The communities were going to close negotiations, but they had […]
Tag: mining
Executed mining investment would reach US $ 5,000 million at the end of 2021
At the end of 2021, the mining investment carried out would reach US $ 5 billion. While in the 2022-2025 period the construction of at least 11 mining projects is expected, which together add up to an investment of US $ 11,753 million, according to the Vice Minister of Mines, Jorge Chávez Cresta. During his […]
Minera Las Bambas stops operating from this Saturday
The mining company MMG Las Bambas announced in a statement that it will close production at its copper mine, located in Challahuahuacho (Apurímac) starting this Saturday. The reason, he points out, is the blockade of the communities in the province of Chumbivilcas (Cusco) that has persisted since November 19. “Due to the continuous restrictions on […]
Blockade in Las Bambas: parties involved delay dialogue
Despite the fact that the president of the Council of Ministers, Mirtha Vásquez, announced that the meeting between officials of the Executive Power, MMG Las Bambas and leaders of communities of Chumbivilcas (Cusco) was going to take place yesterday, it was postponed due to factors that involve each party. Meanwhile, the blockade that began on […]
New Doe Run liquidator will need to invest US $ 50 million for reactivation
The insolvency procedure of the mining company Doe Run Peru (DRP) has completed 12 years, and its liquidation 10. On December 21 the National Institute for the Defense of Competition and Intellectual Protection (Indecopi) will appoint the sixth liquidator of DRP. A new liquidator would have to make an investment for the reactivation of the […]
Minem: the mining sector generated more than 240,000 jobs in October
The mining sector generated 240,788 jobs during October 2021. The figure represents an increase of 26.7% compared to the 189,972 jobs registered the same month last year, detailed the Ministry of Energy and Mines (Minem) in the last edition of the Mining Statistical Bulletin (BEM). Thus, between January and October, mining achieved an average employment […]
144 days of blockade have been completed in the Mining Corridor
On July 23, a week before the assumption of Pedro Castillo to the Presidency, and when the results of the second round were already known, the population of the peasant communities of the Cusco province of Chumbivilcas decided to resume old demands to block the road that prevents the transport of vehicles from The Bambas, […]
Alex Contreras: “What would be lost without changes to the mining tax scheme is around S / 1,200 million”
The Commissions of Constitution and Economy will elaborate a prediction to grant tax powers to the Government. However, many proposals from the Executive are not being considered. In this regard, the Vice Minister of Economy explains the impact that not implementing all the proposed tax reform could generate. How much could be stopped collecting if […]
Mining companies face talent shortages as electric vehicles increase demand for metals
Jonathan Little, who attends the University of Kentucky, is among the legions of students from around the world who mining industry You can’t afford to lose, but you’ve already done it. Little, 20, considered a career in mining, but chose to study a branch of engineering that will likely require him to design truck engines. […]
Southern regions received more than S / 3,465 million in transfers from mining
In the first eleven months of the year, the resources generated by the mining activity that were transferred to the regional and local governments of the south of the country exceeded S / 3,465 million, according to the latest edition of the Mining Statistical Bulletin of the Ministry of Energy and Mines (Minem). The regions […]