Fresh opposition to Southern Copper’s billion-dollar project in Peru

Tia Maria mine is forecast to produce 120,000 tonnes of copper a year, for an estimated 20-year lifespan. (Image courtesy of Southern Copper Corp.)

Southern Copper Corp (NYSE:SCCO), the world’s fifth largest producer of the red metal in terms of output, is once again facing community opposition to its long-delayed $1.4 billion Tia Maria copper project in Arequipa, southern Peru.

Tia Maria has been derailed twice – in 2011 and 2015 – because of deadly protests by farmers

Farmers from the Tambo Valley in central Arequipa began an indefinite strike on Monday to protest the imminent construction of the open-pit copper mine. They also blocked a portion of the country’s main coastal highway to obstruct access to the mine site. 

While the blockade has now been lifted, opponents continue to press the government to revoke the construction permit awarded to Southern Copper only a week ago, local paper El Comercio reports.

Tia Maria has been derailed twice – in 2011 and 2015 – because of deadly protests by farmers who fear the proposed open-pit mine will damage crops and affect water supplies in the southern region of Arequipa.

“Agro yes, mining no,” was chanted by hundreds of local farmers who took to the streets to defend about 1,300 hectares of cropland they think will be affected by the mine.

The protests against the massive project echo other fights between anti-mining groups, farmers and mining companies in Peru over the last few years. Most of them centre around who gets to use precious water supplies in the country’s bone-dry areas.

Southern Copper estimates that Tia Maria will produce 120,000 tonnes of copper a year during an estimated 20-year lifespan.

13825 0


Your email address will not be published. Required fields are marked *

This site uses Akismet to reduce spam. Learn how your comment data is processed.

More Latin America News

Latest Stories

Molycorp shares popped: What you need to know

Market Oracle reported on recent gains in shares of Molycorp (NYSE:MCP). The market news is quoted as saying: The price drivers today are plentiful: Financial Times reports that rare earth materials are being stockpiled in China, Piper Jaffray upgraded Molycorp to a buy, and a host of analysts piled on with positive assessments of the rare earth industry in general.

Passport Potash, Inc. intersects up to 25.75% KCL potash mineralization at relatively shallow depths

Passport Potash, Inc. (TSX VENTURE:PPI)(OTCQX:PPRTF) is pleased to report preliminary results from two core holes that have intersected significant potash deposits at relatively shallow depths in the Holbrook evaporite basin. According to chemical assay results obtained from Skyline Laboratories in Tucson, Arizona, PPI2011-04 ("Core 1") intersected 9.5 feet (1463.0-1472.5 feet) of 12.29% KCL which includes a 4.0 foot (1465.5-1469.5 feet) interval containing 18.28% KCL. PPI2011-6 ("Core 2") intersected 7.5 feet (1437.5-1445.0 feet) of 11.93% KCL within which includes a 2.5 foot (1439.0-1441.5 feet) interval containing 24.34% KCL.

$84m in contract awards broadens Ausdrill offering

Ausdrill Limited has been awarded several contracts which further broaden the services offered by the group. These include a coal seam gas (CSG) contract, new drill and blast contracts and an explosives supply contract. With the continued interest and commitment in CSG in Australia by a number of notable companies operating in this market, EDA envisages an opportunity for long-term sustainable growth in the CSG drilling sector.


Montreal Gazette: Ontario mine workers walk off job

The Montreal Gazette reports: About two dozen non-unionized workers have walked off the job in a remote mining camp in northern Ontario — in an area known as the Ring of Fire — in protest of what they call unsafe conditions and unsatisfactory compensation. The workers put out a statement late Sunday saying they had stopped working over the weekend.

President and CEO Claude Mongeau says CN’s Alberta short-line rail acquisitions, upgrades total C$400 million: Rail investments key to economic growth in oil sands and other natural resource regions of northern Alberta

Claude Mongeau, president and chief executive officer of Canadian National Railway Company, said today the company will have invested almost $400-million to buy and rehabilitate four short-line railways serving resource-rich regions of Northern Alberta by year-end 2011.

Teck updates coal guidance: coal sales slow due to Japanese earthquake

Teck Resources provided an update today to its coal guidance for the second quarter. As a result of the February earthquake and tsunami in Japan, some of Teck's coal customers have deferred shipments due to reduced steel production requirements and Teck now expects coal sales in the second quarter at the low end of its previously announced guidance range of 5.5 to 6.0 million tonnes.

Obama Administration Grand Canyon mining ban decision expected today

U.S. Secretary of the Interior Ken Salazar is expected to announce this morning at 10 a.m. PDT the Obama Administration's decision regarding the extension of a 1-million acre mining ban around the Grand Canyon for 20 years. In 2009 Salazar ordered a two-year time-out from all new mining claims in the Arizona Strip near the Grand Canyon.

Extorre announces $25 million bought deal private placement financing

Extorre Gold Mines announced that it has entered into an agreement pursuant to which a syndicate of underwriters led by TD Securities Inc. (the "Underwriters") has offered to purchase, on a bought deal private placement basis, 2,400,000 common shares (the "Shares") of the Company at a price of $10.50 per Share (the "Issue Price") for total gross proceeds of $25,200,000 (the "Offering"). The net proceeds from the Offering will be used for exploration and development of the Company's mineral projects in Argentina and for general working capital purposes.

Brazilian Diamonds Limited: company provides update on private placements

Further to its news release of April 14, 2011 the Company announces that it has completed the private placement of 16,655,920 shares at $0.10 per share, the proceeds of which are to be used to fund the costs of the transaction with Origo Partners PLC ("Origo"), as detailed in the April 14 Release and to retire outstanding indebtedness. The private placement closed in two tranches, with 9,700,000 shares issued subject to a hold period expiring September 6, 2011 and the balance of 6,955,920 shares being issued subject to a hold period expiring October 17, 2011.