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LatinNews Daily Report - 25 June 2012
In Brief - Peru
MINING | Newmont Mining agrees to implement Humala’s proposals. On 22 June Carlos Santa Cruz, the vice-president of Newmont’s South American operations, released a public statement announcing that the company had decided to implement the improvements suggested by President Ollanta Humala of Peru in April last, in order to go ahead with the highly controversial Conga cooper and gold mining project in the northern department of Cajamarca. Humala had asked that: two of the four lagoons affected by the project are not to be used as dump-sites for mining waste produced at the mine; the size of the water reservoirs Newmont has to build is quadrupled; the company creates a fund for the construction of domestic water supply networks, irrigation systems and schools; Newmont builds rural healthcare centres and establishes re-forestation programmes; and that 10,000 people, most of them from Cajamarca, are employed by the company. Humala also said he will submit several congressional bills to update the country’s environmental regulations by 28 July, when he is due to give his first state of the nation address marking his first year in office. Gregorio Santos, the regional president of Cajamarca, came out against Newmont’s statement saying: “We don’t believe any of Newmont’s promises and we regret that Humala wants us to believe a company that has never kept its promises with Cajamarca, not now and not for the past 18 years”.
