Peruvian copper producer Southern Copper, a subsidiary of Southern Copper,had decided to restart development of its long-postponed Tia Maria project in the Islay province of Peru’s Arequipa region, reported Reuters. Tia Maria has been on hold for years amid community opposition over fears of the mine’s environmental impact. The news agency noted that protests against the controversial mine left six…
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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Miner Southern Copper said its Cuajone operation in Peru remains idled as it enters a seventh week of a standoff with Indigenous community protestors. The company told Reuters just before Easter that, nationwide, the protesting communities are accusing operators of not providing enough jobs and money to impoverished locals. Southern Copper has reportedly accused Peru’s government of failing to intervene…
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Officials from Peru’s mining chamber confirmed 14 March that operations at Southern Copper’s Cuajone copper operation is nearing the end of its second week with operations idled due to protesters who have blocked a key transport artery. According to a Reuters report that has cited Sociedad Nacional de Minera Petroleo y Energia’s (SNMPA) statement in Spanish, the regulatory group has…
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