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Tuesday, January 15, 2013

Peru's environmental regulator amasses $40 million in mining fines


Peru’s environmental watchdog has filed fines against mining companies operating in the country for infractions worth about $40 million since its creation in September 2009 until the end of 2012, BNamericas reports (subs. required).
The regulator, known as OEFA, said the fines to mining firms accounted for 67% of the total collected. Mining, energy and fishing combined – the only three sectors that OEFA inspects – racked up close to $59 million.

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