- Write by:
-
Wednesday, August 14, 2019 - 12:57:21 PM
-
625 Visit
-
Print
Mining News Pro - Copper exports from the port of Matarani have resumed after anti-mining protests that had blocked key infrastructure in the country’s southern copper belt eased over the weekend, a spokeswoman for the port operator said on Tuesday.
Shipments from four mines that produce about half of Peru’s copper – Freeport-McMoRan Inc’s Cerro Verde deposit, MMG Ltd’s Las Bambas, Glencore PLC’s Antapaccay and Hudbay Mineral’s Constancia – had been suspended for nearly three weeks due to the unrest.
The protests started after the government issued a construction permit for a new mine in the region – Southern Copper Corp’s $1.4 billion Tia Maria project – that local farmers have opposed for nearly a decade.
But the government suspended the permit for the project late on Friday while authorities evaluate its legality.
By Saturday, protesters were no longer blocking a minerals railway and roads used to transport concentrates, allowing Matarani to resume normal operations, said Julia Davila, communications director for port operator Tisur.
Domingo Drago, the vice president of corporate affairs for MMG, also said that Las Bambas and the three other mines that use Matarani were able to resume exports on Saturday.
Some protests against Tia Maria have continued in the southern Peruvian region of Arequipa, with local residents demanding the full annulment of the construction permit, according to local media on Tuesday.
Short Link:
https://www.miningnews.ir/En/News/410905
Copper traded near $10,000 a ton, hitting a new two-year high on its way, as investors continue to pile in on a bet that ...
A Native American group has asked all members of a US appeals court on Monday to overturn an earlier ruling that granted ...
Codelco is exploring more partnerships with the private sector as Chile’s state copper behemoth looks to recover from a ...
The London Metal Exchange (LME) on Saturday banned from its system Russian metal produced on or after April 13 to comply ...
Peru’s Las Bambas copper mine, owned by China’s MMG, is facing renewed blockades of a key transport route after failed ...
Vitol Group confirmed that it’s starting to rebuild a trading book for metals after a long stint out of the market, with ...
Chinese investors are snapping up stocks tied to high-flying metals from copper to gold, aiding an onshore market facing ...
Copper traded near a 15-month high as supply concerns and brighter demand prospects triggered a slew of bullish calls on ...
Copper jumped to its highest intraday price since January 2023 as the bellwether industrial metal faces rising tighter ...
No comments have been posted yet ...