Please set up your API key!

I Love Peru – Local Peruvian news in English

News

Newmont halts work in Peru

Newmont halts work in Peru
October 18
18:30 2011

CAJAMARCA – According to Newmont Mining Corporation, the Yanacocha gold mine in Peru has shut down operations citing worker safety due to protests in the area.

Protesters have blocked a the Cajamarca road at kilometer 28 which leads to the mining site.

burnt mining truck Newmont halts work in Peru

One of the mining trucks burnt by protesters at the Yanacocha gold mine in Peru. Photo: Newmont company website.

Protesters set a lot of equipment such as bulldozers and other earth-moving vehicles on fire. the equipment belonged to a mining services company, totaling a loss of $2 million.

The mine, co-owned by Buenaventura, decided to cease all operations to ensure the safety of its employees.

Protesters have taken to the streets over compensation payments due to the $4.8 billion expansion plan for the Yanacocha mine.

Local residents of the La Encañada district are pressuring the mining companies to sign a community relations pact pledging $72 million dollars (200 million soles).

The company has been invited by Cajamarca regional government officials to a dialog, which they are of course willing to attend.

Yanacocha produces approximately 1.6% of the world’s gold, and is one of the largest gold mines in Latin America.

Related Articles

Weather for Lima
Today 01/29/2015 01/30/2015
It is forcast to be Partly Cloudy at 10:00 PM PET on January 28, 2015
Partly Cloudy
27°/21°
It is forcast to be Partly Cloudy at 10:00 PM PET on January 29, 2015
Partly Cloudy
27°/21°
It is forcast to be Partly Cloudy at 10:00 PM PET on January 30, 2015
Partly Cloudy
26°/21°
Weather for Arequipa
Today 01/29/2015 01/30/2015
It is forcast to be Chance of a Thunderstorm at 10:00 PM PET on January 28, 2015
Chance of a Thunderstorm
19°/10°
It is forcast to be Chance of a Thunderstorm at 10:00 PM PET on January 29, 2015
Chance of a Thunderstorm
19°/11°
It is forcast to be Chance of a Thunderstorm at 10:00 PM PET on January 30, 2015
Chance of a Thunderstorm
19°/11°
Weather for Trujillo
Today 01/29/2015 01/30/2015
It is forcast to be Partly Cloudy at 10:00 PM PET on January 28, 2015
Partly Cloudy
25°/20°
It is forcast to be Partly Cloudy at 10:00 PM PET on January 29, 2015
Partly Cloudy
24°/19°
It is forcast to be Partly Cloudy at 10:00 PM PET on January 30, 2015
Partly Cloudy
25°/19°