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I Love Peru – Local Peruvian news in English

President Humala travels to Davos to take part in World Economic Forum

January 27
13:57 2012

Peru's President Ollanta Humala: Photo via Wikimedia Commons

Peruvian President Ollanta Humala traveled on Friday to the city of Davos (Switzerland) to take part in the World Economic Forum’s annual meeting which will include the participation of leaders from the world’s top economies.  On Friday evening, Humala will address the topic “Latin America: Transformation in a new global context.”

On Saturday, Humala will take part in the World Economic Forum’s annual meeting while also participating in bilateral meetings. President Humala will leave Switzerland on Sunday, January 29 at 08:00 Peruvian time and is expected to arrive in Lima at midnight, according to the Presidential Press Office.


Lima plans to limit number of taxis


LIMA – After four months of dialogue between operators and officials of the Urban Transport Management Lima (GTU), a draft ordinance will be presented in the next few days, to regulate the taxis in the capital. The project involves suspending the registration of taxis in the Metropolitan Taxi Service (Setam) and adding ecologically green taxis to the Lima taxi district. In August 2011, the GTU stated that the purpose of the regulation was to reconcile the supply of taxis, estimated at 240,000, with the demand, which is only about 100,000.
“So far, we have met with the carriers, and we have almost finished the proposal for review by the council, “said Maria Jara, of  the GTU. The meetings which began in September 2011, continue today in Pro Transportation and will be attended by representatives from 12 unions. According to the GTU, the measure is expected to pass by mid-year. The cost of implementing this measures was not specified.
According to transportation specialist Luis Quispe, “there are no official figures on how many taxis are in Lima, because there is no control, but there is talk of an estimated 119,679 taxis in the city.” “Taxis should be treated as a public service provided by the private sector. Controlling the supply is starting to improve the service, ”  said councilman Rafael Garcia. Much of the traffic congestion in Lima comes from the thousands of taxis currently in service.

Fortuna Silver Mines boosted silver production by a third


According to a report in, Fortuna Silver Mines boosted production by close to a third last year at its Peru and Mexico silver mines.Fortuna (NYSE:FM, TSE:FVI) said it produced 2.5 million ounces of silver in 2011, a 31% increase over 2010. Fortuna more than doubled its gold production to 7,000 ounces for a 174% increase over 2010. Lead and zinc production also increased, by 8% and 10% respectively, to 19.7 million and 23.4 million pounds. It was the fifth-consecutive year of growth for the Vancouver-based metals producer.

The Caylloma Mine in Peru had another year of consistent performance in 2011. For 2012, the mine is scheduled to produce 2 million ounces of silver with additional by-product gold, lead and zinc. Capital projects budgeted for the year total US$25 million and include a new tailings facility with total holding capacity for seventeen years, camp improvements, upgrading of the power grid and plant equipment and infrastructure optimizations.

Caylloma District exploration for 2012 includes 24,000 meters of diamond drilling and 3,500 meters of underground drifting. The program is focused on the evaluation of high-grade silver targets on the 32,000 hectare land package controlled around the mine. These targets include extensions of bonanza-style mineralization in the Bateas Vein and the northeastern and southwestern extensions of the Animas Vein.


Peruvian tour companies seek luxury travelers

For several years the strategy of Peruivan travel agencies and tour operators has been to attract Brazilian travelers to Peru by providing low-cost tour packages. For $400 a Brazilian could visit Cusco and the surrounding areas. The aim of this promotion has been to attract as many tourists as possible who would then return home and convince others to come, but this plan has not worked, according to a report in El Comercio.

You can offer a cheaper route to attract more tourists, but if you do not give good service, you will receive bad publicity,” says José Carlos Plaza, president of the Organizing Committee of Peru Travel Mart (PTM) 2012.

More recently, the majority of Peru’s travel agencies have changed their tactics, with emphasis on attracting tourists from the wealthiest parts of Brazil, Europe and the U.S. Gradually, the plan has started to work. According to the Ministry of Foreign Trade and Tourism (Mincetur), in 2011 Peru received more than 100 thousand Brazilian passengers, more than 30% of what was accomplished in 2010. This year’s PTM tourist trade fair will be held in Lima from 19 to 22 May.








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Michele Harvey

Michele Harvey

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