Peru's left scorns Humala for backing Newmont mine

Foes of the biggest mining investment in Peruvian history accused President Ollanta Humala on Thursday of abandoning his leftist roots to support Newmont's proposed $4.8-billion Conga gold mine. Harsh words from local leaders in the Andean region...

Peru police clash with wildcat miners, one dead

A clash between Peruvian police and wildcat gold miners resulted in the death of one miner and the wounding of 14 others on Tuesday at a protest against the army's seizure of illegal dredges in the Amazon basin, a witness said. It was the latest...

Xstrata, Peru ink contract for $4,2bn copper mine

Xstrata Copper is on track to start construction at its Las Bambas project, in Peru, in a year's time, after receiving mining titles for the operation by the Peruvian government on Thursday. President Alan Garcia, Xstrata Copper CEO Charlie...

Doe Run workers protest to demand smelter reopen

More than 3 500 employees of Doe Run Peru (DRP)'s La Oroya smelter held protests on Monday, calling for the company to set a date for restarting the operation. Workers have blocked a main road in central Peru, the Carretera Central, but want to...

Daily Podcast - August 28, 2009

The underperforming Marula platinum mine may be closed if it fails to return to operational profitability, Thousands of workers are demanding Peru's government save their jobs at a shuttered metals smelter high in the Andes

Chinese, Indian groups 
invest in South America 
despite global downturn

CHINA’s Shougang group, the country’s fourth largest steelmaker, has announced that it is going to invest $1-billion in its Peruvian iron ore mining subsidiary, Shougang Hierro Peru. Meanwhile Indian group Gitanjali is, in partnership with...

Chinese group ups mining investment in South America

China’s Shougang group, the country’s fourth largest steelmaker, has announced that it is going to invest $1-billion in its Peruvian iron ore mining subsidiary, Shougang Hierro Peru. This was announced by Shougang group President Wu Bin after...

Daily podcast – January 14, 2009

In today's podcast: Sundance Resources receives the go-ahead for the development of a new $160-million export terminal in Cameroon; and thousands of workers in Peru's vast mining sector may go on strike over mounting job losses.

AS mining commodities boom, SA mining investment slumps

There is growing concern in the South African mining industry that this country is missing out on the global commodities boom, owing to government policies and concomitant inadequacies of key State-owned infrastructure companies.