Canadian-based Sierra Metals has reported that its Yauricocha underground mine in Peru has reached a full capacity throughput rate of 3,600 tonnes per day since the beginning of the fourth quarter. “Since receiving operating and environmental permits to develop and mine below the 1120 level at Yauricocha earlier in 2024, the team has done a terrific job developing this new…
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Peru’s Congress has passed an extension to a scheme allowing temporary permits to be given to small-scale informal miners, which allows them to continue working while seeking formalization, reported Reuters. Legislators moved forward a bill proposed earlier by the Energy and Mining Legislative Committee to extend for six months a registry called REINFO, which is set to expire on 31…
Read MoreSouthern Copper’s long-stalled Tia Maria project in Peru is set to break ground by the end of the year or in the first half of 2025, a senior executive told Reuters. Raul Jacob, vice president of Finance at Southern Copper, said “social conditions” had improved after years of protest that have halted the $1.4 billion mine’s development. “We are fine-tuning…
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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…
Read MoreMichelin Peru and its regional distributor Neuma Peru have inked a cooperation pact to establish an end-of-life mining tire (NFU) revaluation plant in the country’s Lurin district. The facility, which the supplier said will be the first of its kind in Peru, will boost its efforts to reduce environmental pollution while also promoting a circular economy. Additionally, it will allow…
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A new report from Eriez reveals how a set of its Magnetic Mill Liners (MMLs) are significantly improving safety standards, energy efficiency and operational longevity at a Nexa Resources installation in the central Andes region of Peru. It is the latest international success story featuring the MML, a wear-resistant steel-encased magnet that combines the best qualities of steel and magnetic…
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Fortuna Silver Mines said an accident that resulted in the death of a worker employed by an undisclosed mine contractor occurred on June 2 at its Caylloma mine in Arequipa, Peru. The Canadian-based miner said the incident happened during underground mining operations and no other personnel were injured. The appropriate government and local authorities were properly notified and an investigation…
Read MoreIt is not known if production has been impacted as a result of a movement by Peruvian demonstrators that have set Hochschild’s Inmaculada silver-gold mine in the Ayacucho Department in their sights. Protestors blocked the entrance to the mine, the producer’s largest in Peru, on 27 October, the company confirmed to Reuters on 31 October. Officials for the company said…
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Anglo American, following the receipt of final regulatory clearances and after successful testing, has started long-awaited commercial operations at its Quellaveco mine in Peru. Chief executive Duncan Wanblad said the mine, which is expected to produce 300,000 tonnes annually of copper equivalent volume on average over the first decade of life, could add as much as 10% to its global…
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Canadian miner Sierra Metals has reported the deaths of three contractor employees during a mudslide incident at its underground Yauricocha mine in Peru. Sierra Metals said the mudslide took place at approximately 4:00 p.m. (Lima Time) on September 11. One contractor employee was injured and three were killed. “The safety and wellbeing of all employees and contractors is a major…
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