Pages

Wednesday, June 20, 2012

Peru mining chamber sees lower 2012 output

Protests from villagers and native communities who fear mining will cause pollution or provide them with little economic benefit have threatened $53-billion in planned investments for new projects just as existing mines, like Pierina, face retirement.
"Volume is declining, we expect by 3% or 4% this year," said Morales, of the mining society. "It's not much, but if new mines don't start producing we are going to have bigger problems."

No comments:

Post a Comment