Glencore's Peru mine says won't proceed with Coroccohuayco project in near-term
LIMA - Glencore's Antapaccay copper mine in Peru said on Thursday that it does not plan to execute this year or next its Coroccohuayco project that has caused nearby residents to protest and block the road used to transport its copper.
Residents are protesting the mine's environmental impacts on the area over several decades of operation, as well as opposing the Coroccohuayco project, which would require an investment of $590-million to extract copper and gold.
Residents in Peru's Espinar province, where Antappacay is located, have blocked the road since Wednesday. Flavio Huanque, one of the leaders behind the blockade, told Reuters on Wednesday night that the blockade would continue indefinitely.
Antappacay, Peru's sixth largest copper mine, said it was having a meeting with residents on Thursday.
MMG Ltd's Las Bambas copper mine, the country's fourth largest, is also affected by the road block.
Atappacay said in a statement that they support having a consultation process before deciding to build Coroccohuayco.
"The project is still in the design and viability studies phase, and its development will depend on the results of those analyses," Antapaccay said in its statement.
Espinar residents were also protesting against the government, which they say has not been receptive to their demands.
Article Enquiry
Email Article
Save Article
Feedback
To advertise email advertising@creamermedia.co.za or click here
Research Reports
Projects
Latest Multimedia
Latest News
Showroom
SmartMine IoT has been developed with the mining industry in mind, to provides our customers with powerful business intelligence and data modelling...
VISIT SHOWROOM
Rentech provides renewable energy products and services to the local and selected African markets. Supplying inverters, lithium and lead-acid...
VISIT SHOWROOM
Press Office
Announcements
What's On
Subscribe to improve your user experience...
Option 1 (equivalent of R125 a month):
Receive a weekly copy of Creamer Media's Engineering News & Mining Weekly magazine
(print copy for those in South Africa and e-magazine for those outside of South Africa)
Receive daily email newsletters
Access to full search results
Access archive of magazine back copies
Access to Projects in Progress
Access to ONE Research Report of your choice in PDF format
Option 2 (equivalent of R375 a month):
All benefits from Option 1
PLUS
Access to Creamer Media's Research Channel Africa for ALL Research Reports, in PDF format, on various industrial and mining sectors
including Electricity; Water; Energy Transition; Hydrogen; Roads, Rail and Ports; Coal; Gold; Platinum; Battery Metals; etc.
Already a subscriber?
Forgotten your password?
Receive weekly copy of Creamer Media's Engineering News & Mining Weekly magazine (print copy for those in South Africa and e-magazine for those outside of South Africa)
➕
Recieve daily email newsletters
➕
Access to full search results
➕
Access archive of magazine back copies
➕
Access to Projects in Progress
➕
Access to ONE Research Report of your choice in PDF format
RESEARCH CHANNEL AFRICA
R4500 (equivalent of R375 a month)
SUBSCRIBEAll benefits from Option 1
➕
Access to Creamer Media's Research Channel Africa for ALL Research Reports on various industrial and mining sectors, in PDF format, including on:
Electricity
➕
Water
➕
Energy Transition
➕
Hydrogen
➕
Roads, Rail and Ports
➕
Coal
➕
Gold
➕
Platinum
➕
Battery Metals
➕
etc.
Receive all benefits from Option 1 or Option 2 delivered to numerous people at your company
➕
Multiple User names and Passwords for simultaneous log-ins
➕
Intranet integration access to all in your organisation
