https://www.miningweekly.com

Peru stops miners from exploring Rainbow Mountain tourist area

26th November 2018

By: Bloomberg

  

Font size: - +

SANTIAGO – Clashes between tourism and mining are not rare in Peru, a country peppered with historic and touristic sites that’s also the world’s second-largest producer of copper, zinc and silver. But in the case of Rainbow Mountain, those in favor of conservation appear to have won out.

Late Friday, the Peruvian government blocked all mining exploration licenses on Rainbow Mountain, a rising South American tourist destination. Located in southeastern Peru near Cuzco, once the capital of the Incan empire, and the Machu Picchu ruins, the area’s colorful slopes attract about a thousand tourists a day to Winikunka, which means the Mountain of Seven Colors in the local Quechua language.

The colors also caught the attention of mining companies. Where tourists see a mesmerizing mix of reds, yellows and greens, miners saw traces of copper ore, iron ore and other minerals.

A unit of Canada-based Camino Minerals was awarded a mining concession in March, sparking protests from local communities. Though the company said in June it would give up mining rights to the area, uncertainty around the area’s future remained until late on Friday, when a Presidential decree banned mining activity in the area for 12 months.

State news agency Andina quoted the regional government saying the mining ministry will now have to process the documents to declare it a regional conservation area.

Large mining operations around Cuzco include MMG's Las Bambas copper mine, Glencore’s Antapaccay and Hudbay Minerals' Constancia.

Edited by Bloomberg

Comments

The content you are trying to access is only available to subscribers.

If you are already a subscriber, you can Login Here.

If you are not a subscriber, you can subscribe now, by selecting one of the below options.

For more information or assistance, please contact us at subscriptions@creamermedia.co.za.

Option 1 (equivalent of R125 a month):

Receive a weekly copy of Creamer Media's Engineering News & Mining Weekly magazine
(print copy for those in South Africa and e-magazine for those outside of South Africa)
Receive daily email newsletters
Access to full search results
Access archive of magazine back copies
Access to Projects in Progress
Access to ONE Research Report of your choice in PDF format

Option 2 (equivalent of R375 a month):

All benefits from Option 1
PLUS
Access to Creamer Media's Research Channel Africa for ALL Research Reports, in PDF format, on various industrial and mining sectors including Electricity; Water; Energy Transition; Hydrogen; Roads, Rail and Ports; Coal; Gold; Platinum; Battery Metals; etc.

Already a subscriber?

Forgotten your password?

MAGAZINE & ONLINE

SUBSCRIBE

RESEARCH CHANNEL AFRICA

SUBSCRIBE

CORPORATE PACKAGES

CLICK FOR A QUOTATION