Peru Mining News

Workers to end strike at Shougang iron ore mine in Peru – union

Workers at Chinese company Shougang Group's iron ore mine in Peru will return to work on Wednesday.

Lupaka’s project in Peru hit by demonstrators

The protesters have blockaded the access road directly outside of the main gate of the mine.

Strike at Shougang's iron ore mine in Peru halts exports-manager

Some 800 workers, including at the port San Juan de Marcona, have taken part in the indefinite strike after negotiations over a new contract broke down.

Hudbay Minerals investor calls special shareholder meeting

Private equity firm Waterton Global Resource Management, which now owns about 7 percent of Hudbay, called meeting after the Canadian base and precious metals refused a proposal for board changes.

Freeport eyes majority stake in Solaris early stage Chile project

The US miner has agreed to a deal that would give it up to 80% in Solaris' Ricardo property.

These ten mines will make money – even if gold price falls to $550

Nevada gold mines keep "rocking the boat."

Hochschild Mining raises annual production target

Hochschild Mining Plc on Wednesday raised its annual output target and forecast lower mining costs, as its Inmaculada mine in Peru produced higher grade ore.

The top ten zinc producing mines in the world

India clinches the title for largest zinc mine with Rampura Agucha.

Peru expects $58 billion in mining investments

The recently-created Directorate for Mining Promotion and Sustainability will be in charge of identifying the regions with the mining highest potential.

Trevali’s Santander zinc mine in Peru hit by blockade

The illegal action saw a group of locals spend seven days blocking the only access to the mine in protest for what they call “repetitive abuse” to community members and increasing pollution of their land and only water source.

Nexa says to invest $1.17 bln in Peru, Brazil in five years

About $816 million will be invested in Peru, including $555 million in copper projects and $216 million in zinc.

Gold Fields plans to extend life of Peru mine through 2040

South African miner Gold Fields Ltd aims to extend the life of its Cerro Corona gold mine in Peru through 2040 with an investment of at least $240 million.

Tahoe resumes operations in Peru after protesters agree to talks

The Canadian miner expects annual production from La Arena mine to be near the low end of its forecast 160,000 to 185,000 ounces of gold.

Tahoe halts operations at its La Arena gold mine in Peru after protest

Temporary suspension of mining activities comes after about 100 people trespassed and demanded payment for alleged environmental impacts of the operation on their community.

Tahoe Resources says there was attempted theft at its La Arena mine in Peru

The company said five holes had been dug on top of a pipeline carrying a solution of gold and cyanide.

Peru president expects lithium, uranium mining laws passed in 6 months

Peruvian President Martin Vizcarra says his government will likely pass laws within six months needed to tap a new lithium and uranium deposit, removing a major hurdle for Canadian miner Plateau Energy Metals' proposed $800 million mine.

Anglo American approves $5 billion copper project in Peru

30-year reserve life.

Peruvian mining society says approval of Quellaveco project marks a new era for the country

The president of Peru’s National Society of Mining, Petroleum, and Energy said the project will create 9,000 jobs during its construction phase and additional 2,500 once it goes into production.

Miramont's project in Peru may affect Indigenous communities

The company was deemed not eligible for an automatic approval of its drilling permit for the Cerro Hermoso project.

Equinox sells Koricancha mill in Peru to Inca Gold in $12.4 million-deal

Koricancha is located about 50km from Inca One’s own processing facility and the potential to produce 50,000 to 75,000 ounces of gold a year.

Miramont expands Peruvian project but can't drill just yet

The Canadian miner plans to acquire the rights to the Milenos 32 concession adjacent to its Cerro Hermoso project in Peru.

Oil and mining sector continue to grow in Peru

The mining sector showed an interannual growth of 0.16 per cent in May.

Copper price drops to 9-month low, but what about strikes?

Copper bears drop price 11% in 3 weeks, but new report shows labour contracts still up for renewal threaten 3 million tonnes of production just in Chile.

Global copper output up 7.1 pct in first three months of 2018

Miners around the globe produced 330,000 more tonnes of copper between January and March this year than in the same period of 2017, helped by higher production in world’s leader Chile.

Newmont sells stake in Yanacocha gold mine to Japan’s Sumitomo for $48 million

Sumitomo’s move comes as Japanese trading companies have been grabbing assets and increasing their stakes on a few of them thanks higher commodities prices, which have boosted their profits.