Another Peru Mine Shuts Operations as Anti-Government Protests Gain Momentum

Buenaventura, a Peruvian mining company, has halted mining operations at its Julcani mine amid worsening anti-government protests.

According to a company statement, a group of protesters vandalized its silver mine located in the province of Angaraes, Huancavelica, and threatened the workers and stole some of the company’s belongings. “In order to ensure the integrity of the workers, the Julcani Unit has begun the demobilization of all personnel and has suspended its operations until security conditions are adequate,” Buenaventura said.

This is not an isolated incident in the country, as other miners have also been affected by the protests. Last month, vandals attacked Glencore’s Antapaccay copper mine, while Chinese miner MMG announced last month that its Las Bambas mine is preparing to suspend production in wake of road blockades that halted transportation of key materials.

The anti-government protests have created a challenging environment for miners operating in Peru, leading to disruptions in production and suspension of operations.

Information for this briefing was found via Reuters and the sources mentioned. The author has no securities or affiliations related to this organization. Not a recommendation to buy or sell. Always do additional research and consult a professional before purchasing a security. The author holds no licenses.

Video Articles

Moon River Moly: The Davidson Moly-Copper-Tungsten PEA

Integra: The DeLamar Heap Leach Feasibility Study

Highlander Silver: The Saviour Of Bear Creek Mining

Recommended

Mercado Minerals Launches Two Phase Geophysical Program At Copalito Project

Altamira Gold Drills 6.1 g/t Gold Over 2.3 Metres At Cajueiro Central, Begins Testing Two New Targets

Related News

Is Rio Tinto Eyeing Potential New Copper Acquisitions?

Is Rio Tinto (ASX: RIO) exploring new acquisition opportunities in the copper sector? The question...

Wednesday, July 17, 2024, 12:40:18 PM

Trump Copper Tariff Announcement Sends Prices to Record Highs

Copper prices exploded to historic levels Tuesday after President Donald Trump declared during a White...

Wednesday, July 9, 2025, 10:38:00 AM

Is The Lack Of Copper Development Leading To A Supply Crunch? – The Daily Dive feat Joe Mazumdar

Starting off the trading week, The Daily Dive sees host Cassandra Leah sit down with...

Monday, March 22, 2021, 01:30:00 PM

Copper Prices Set to Soar: Analysts Predict All-Time High in Q4 2024

The copper market is showing signs of an impending surge. Market experts at Fastmarkets have...

Tuesday, October 15, 2024, 08:20:00 AM

Aurania Resources Reports High Grade Copper-Silver, Little Data Provided

Aurania Resources (TSXV: ARU) this morning reported that it has conducted analysis on certain rock...

Thursday, July 16, 2020, 08:47:25 AM