Miners Warn Peru As Environmental Battle Rages Over Gold/Copper Project

• ROBIN BROMBY 
• From:The Australian 
• December 05, 2011 12:00AM

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MINERS worldwide will be watching Peruvian President Ollanta Humala in coming days to see how he handles a very hot mining potato.

Big miners are warning Lima that Peru risks losing something like $US50 billion ($49bn) in proposed mining and oil investment if the government doesn't back Newmont Mining after demonstrations against its $US4.8bn Conga gold and copper project forced work there to stop.