Back

LatinNews Daily - 12 August 2019

In brief: Peru suspends mining licence

* Peru’s mining & energy minister, Francisco Ísmodes, has announced the suspension of the construction licence for the US$1.4bn 'Tía María' mining project, which is located in Arequipa region, until officials evaluate its legality and objections from local authorities. The company that owns the Tía María concession, Southern Perú Copper Corporation (SPCC), had announced on 9 July that, after years of deliberations, the Peruvian government had finally given it authorisation to develop the project. However, the project has been highly contentious amid concerns about the impact of the mine on the Tambo river and there are ongoing public protests against it in Arequipa.

End of preview - This article contains approximately 106 words.

Subscribers: Log in now to read the full article

Not a Subscriber?

Choose from one of the following options

LatinNews
Intelligence Research Ltd.
167-169 Great Portland Street,
5th floor,
London, W1W 5PF - UK
Phone : +44 (0) 203 695 2790
Contact
You may contact us via our online contact form
Copyright © 2022 Intelligence Research Ltd. All rights reserved.