Peruvian village blockades Las Bambas copper mine again

By Reuters / May 21, 2019 / www.mining.com / Article Link

An indigenous Peruvian community has imposed a new road blockade on Chinese miner MMG Ltd's Las Bambas mine, one of Peru's largest copper producers, after talks with the company over compensation broke down, a representative of the public ombudsman office said on Tuesday.

The community started the blockade at midnight (0500 GMT) on Tuesday, the representative, Americo Contreras, said by phone, citing a document from government officials who mediated the talks that ended without a solution late on Monday.

"For now Yavi Yavi is blocked and the mining company has decided not to transport its minerals," Contreras said, referring to the area of farmland which the road passes through.

The Fuerabamba community blocked MMG from transporting Las Bambas' copper concentrates using a road on its farmland for more than two months earlier this year, which severely disrupted exports from the mine.

Las Bambas, one of Peru's biggest mines, churns out about 400,000 tonnes of copper per year, or about 2 percent of global production.

The community struck an agreement with MMG in April, leading to the blockade being lifted.

According to notes from the meeting shared with Reuters, the company had rejected the community's demands as "exorbitant" and "unfeasible." The blockade would be resumed pending further response from the miner and the central government.

Representatives for Fuerabamba and Las Bambas could not immediately be reached for comment to confirm the new blockade was in place.

(By Mitra Taj; Editing by Chizu Nomiyama and Marguerita Choy)

Recent News

Upgrades continue for 2024 gold price target...

April 22, 2024 / www.canadianminingreport.com

Gold stocks edge up as weak equities offset metal rise

April 22, 2024 / www.canadianminingreport.com

Major investment banks make major gold price upgrades

April 15, 2024 / www.canadianminingreport.com

Gold stocks near flat as equities dip

April 15, 2024 / www.canadianminingreport.com

Revenue estimates for gold stocks have remained relatively flat

April 08, 2024 / www.canadianminingreport.com
See all >
Share to Youtube Share to Facebook Facebook Share to Linkedin Share to Twitter Twitter Share to Tiktok