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Tag: the Bambas

Las Bambas mining union concerned about the announcement of the stoppage of activities

Las Bambas mining union concerned about the announcement of the stoppage of activities

The Unique Union of Workers of the Mining Company Las Bambas MMG published a statement in which it expresses its concern over the announcement of the stoppages of the mining activity in Las Bambas, since they indicate that it puts more than 9,000 workers and their families at risk. “Our company made known that, due […]

The ghost pipeline: Las Bambas in its zero hour

The ghost pipeline: Las Bambas in its zero hour

Initially there were two mines operated by the same company, Xstrata, operating, one in Cusco (Tintaya) and the other in Apurimac (The Bambas). Between the two mining units, over a 200-kilometer corridor, is the Cusco province of Chumbivilcas. The Swiss capital company envisaged a pipeline between the two, for which it prepared an EIA in […]

Las Bambas copper production at risk due to blockages

Las Bambas copper production at risk due to blockages

As anticipated months ago, the company MMG Limited reported that the lack of supplies, associated with the blockade of roads in the Cuzco corridor of Chumbivilcas, will prevent the exploitation of copper in its Las Bambas project, Apurímac. In a communication with the Hong Kong Stock Exchange (HKSE), the chief executive officer and CEO of […]

Minem calls for dialogue to negotiate agreements between MMG Las Bambas and residents

Minem calls for dialogue to negotiate agreements between MMG Las Bambas and residents

The latest statement to the public opinion presented by the Ministry of Energy and Mines (Minem), released on Friday, December 3, clarified the intentions of the Executive regarding the problem between Las Bambas and the representatives of the province of Chumbivilcas. As announced by the Ministry, the PCM is making efforts to reach a consensus […]

Pedro Castillo: we will attend to the Las Bambas problem as soon as possible

Pedro Castillo: we will attend to the Las Bambas problem as soon as possible

President Pedro Castillo referred to the recent announcement by the Chinese corporation MMG about the halt of its operations at the Las Bambas mine. “We are going to attend to what the Las Bambas mining company is proposing as soon as possible, as well as what is happening in the jungle, in the north of […]

Chumbivilcas residents: “We are not anti-miners, we want respect and social and environmental responsibility”

Chumbivilcas residents: “We are not anti-miners, we want respect and social and environmental responsibility”

The Las Bambas mining company, owned by the Chinese corporation MMG, announced that it would suspend its activities in mid-December for the blocking of the national highway called Corredor Minero del Sur, by residents of the province of Chumbivilcas in Cusco. In this regard, the Republic spoke with Luis Huamaní Fuentes, President of the Struggle […]

Las Bambas closure: Minister of Energy and Mines hopes it is a misunderstanding

Las Bambas closure: Minister of Energy and Mines hopes it is a misunderstanding

The Minister of Energy and Mines, Eduardo González Toro, said that his office has not received any official information about the possible cessation of operations of the Las Bambas mining company, and that he trusts that the impasse with the community will be solved. “Let’s hope they reflect and continue working on the welfare of […]

Las Bambas: MMG rules out cessation of operations, but could halt production in December

Las Bambas: MMG rules out cessation of operations, but could halt production in December

MMG Limited, majority member of the consortium that owns The Bambas, reported that copper production in the deposit could stop in mid-December due to the lack of inputs for the exploitation of the mineral, after the neighboring communities of Chumbivilcas resumed the blockade of roads. Already in September he had issued a similar warning. Through […]

After payment of Las Bambas, debt recovery reaches a record: more than S / 6,500 million

After payment of Las Bambas, debt recovery reaches a record: more than S / 6,500 million

The National Superintendency of Customs and Tax Administration (Sunat) reported that the recovery of the debt stock exceeded S / 6,500 million so far this year, which establishes a new record figure that exceeds the annual amounts reached so far. This figure was reached after S / 685 million was charged last Friday, within the […]

Las Bambas cancels debts of 2011 and 2012: it will prosecute the case to recover the money

Las Bambas cancels debts of 2011 and 2012: it will prosecute the case to recover the money

The board of directors of the china MMG Limited, parent company of Las Bambas, announced the payment of US $ 170 million 660 thousand 389 to the National Superintendency of Customs and Tax Administration (Sunat) for fines and interest inherited from its operations in 2011 and 2012, when it was in hands of Glencore. The […]