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 09/03/2014 09/04/2014
It is forcast to be Fog at 10:00 PM PET on September 02, 2014
Fog
19°/15°
It is forcast to be Mostly Cloudy at 10:00 PM PET on September 03, 2014
Mostly Cloudy
20°/15°
It is forcast to be Mostly Cloudy at 10:00 PM PET on September 04, 2014
Mostly Cloudy
18°/15°
Weather for Arequipa
Today 09/03/2014 09/04/2014
It is forcast to be Chance of Rain at 10:00 PM PET on September 02, 2014
Chance of Rain
21°/12°
It is forcast to be Chance of Rain at 10:00 PM PET on September 03, 2014
Chance of Rain
20°/11°
It is forcast to be Chance of Rain at 10:00 PM PET on September 04, 2014
Chance of Rain
20°/11°
Weather for Trujillo
Today 09/03/2014 09/04/2014
It is forcast to be Partly Cloudy at 10:00 PM PET on September 02, 2014
Partly Cloudy
20°/17°
It is forcast to be Partly Cloudy at 10:00 PM PET on September 03, 2014
Partly Cloudy
20°/16°
It is forcast to be Mostly Cloudy at 10:00 PM PET on September 04, 2014
Mostly Cloudy
20°/16°