Yumpag silver mine gets final operating permit

Peruvian miner Buenaventura confirmed it has received its final operating permit from the country’s Ministry of Energy and Mines for the start of production at its Yumpag silver mine. The operation, wholly owned by the company, is near the Uchucchacua Unit, Yanahuanca District, Daniel Alcides Carrión Province, Pasco Region. It will be Buenaventura’s flagship asset, said CEO Leandro Garcia. He…

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Buenaventura will focus on San Gabriel in 2024

Polymetallic producer Buenaventura, owner of the San Gabriel underground gold mine in Peru, said in its earnings report this week the mine will be a heavy focus for it in the coming year in terms of capital spending. In the company’s third-quarter and nine-month 2023 report, Buenaventura said its 9M23 consolidated copper production increased 35% year-on-year; zinc production decreased by…

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Buenaventura suspends Julcani mining following intrusive protests

Peruvian miner Buenaventura has reported the suspension of operations at its Julcani mine after protesters entered and destroyed part of its facilities. Officials said in a statement to Reuters that, as just the latest miner to be impacted by ongoing and widespread protest activities against the government, the silver mine has been vandalized. The miner did not indicate the specific…

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