Peru Mining News

China's Chinalco starts $1.3bn expansion of Peru copper mine

The investment will increase the mine's copper output by 45 percent by 2020, with the value of production exceeding $2 billion annually.

China's COSCO to build $2 bln shipping port in Peru

China is Peru's top trade partner and imports most of the minerals the South American country produces.

Southern has copper giants in crosshairs with Peru expansion

Southern Copper Corp. is preparing to scale the ranking of global producers by spending more than $10 billion in Peru and Mexico.

Peru's Buenaventura seeks deal with Southern on copper project

The two companies jointly own the Coimolache mining company in Peru, and are both junior partners in large mines in Peru controlled by U.S.-based companies.

Canada's Bear Creek prepares IPO in Peru to finance silver mine

Bear Creek would also consider selling a stake in the $550m Corani project in southern Peru to help pay for the project.

Top gold stock shows cash obsession is what investors want

Buenaventura’s U.S. shares have surged 63 percent in the past two years, the most among peers.

Goldcorp says Peru and Nevada would make portfolio perfect

Goldcorp Inc. CEO David Garofalo says he’s happy with his company’s portfolio of assets, but that doesn’t mean he doesn’t have a wish list.

Tía María copper project gaining legitimacy in Peru: exec

Southern Copper’s Manager of Technical Services said that the company has been able to knock down previous resistance from local communities.

Anglo close to selling part of stake in giant Peruvian copper project

Quellaveco is one of the world’s largest untapped copper orebodies and Anglo’s board is set to decide later in the year whether or not to green-light development of the $5.5bn mine.

Peruvian farmers to appeal U.S. court decision in land dispute with American miner

A U.S. court ruled that the Chaupe family case against Newmont Mining Corporation should be heard in Peru - not Delaware, where the company incorporated almost 100 years ago.

Workers end strike at Tahoe’s mine in Peru

Workers were demanding higher profit-sharing payouts.

Workers seek partner to buy and operate aging Peru smelter

La Oroya polymetallic smelter had been operated by Doe Run Peru, a unit of the U.S.-based Renco Group, from 1997 until the company went bankrupt in 2009 and its assets were transferred to a group of former creditors.

Peruvian president advocates for sustainable mining

Martín Vizcarra said that he was in favour of promoting mining development in his country.

Canadian miner halts operations in Peru due to community protests

Pan American Silver management has engaged with the protesters in a mediation process.

Canadian junior expands in Peru

Auryn Resources announced that it is close to becoming a big player in the Andahuaylas-Yauri belt in southern Peru.

Southern Copper says legal dispute over Peru's Tia Maria resolved

Southern Copper Corp's chief executive said on Wednesday it had reached a settlement with a company in Peru that blocked development of its $1.4 billion Tia Maria project with a legal injunction.

Chile's Copec to buy stake in copper project in Peru

Mina Justa, which is expected to require investment of around $1.6 billion, is due to begin construction in the second half of 2018.

Peru expects $20.8 billion in mining investments

Only in 2019, Lima expects to receive $2.9 billion in mining investments.

German researchers say mining intensifies social conflicts in Peru

A group of researchers from Berlin’s Humboldt University published a study where they say that mining activities are the leading cause of social conflicts in Peru.

Peru will not 'impose' mining projects on communities -prime minister

The government of new Peruvian President Martin Vizcarra said it would not "impose" mining projects on nearby communities that object to them.

Authorities bring down illegal mining site in the Peruvian Amazon

The Madre de Dios region has seen a surge in illegal mining operations.

Anglo looks past turmoil toward its next big copper bet in Peru

Anglo American Plc is moving towards a multibillion-dollar decision on building the world’s next major copper mine in Peru.

Quellaveco copper mine in Peru could be reactivated

There are signs that the stalled $5 billion project could be reactivated.

These charts show just why copper price fundamentals are so strong

The world's 10 largest copper mines accounted for 25% global output in 2017 – on average these deposits were discovered 95 YEARS ago.

Antofagasta more than doubles dividend on strong copper prices

Chile-focused miner is raising its dividend by 177%.