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

The Gold Trade Is Shifting From Margins to Growth | Geordie Mark – Blue Jay Gold

CopAur Minerals – This PEA Has A Mine Life of What?!

Ontario’s Fast Track to Silver Production Is Starting to Matter | Frank Basa – Nord Precious Metals

Recommended

Amid CBS Shuffle, Is Joe Rogan Replacing Anderson Cooper On 60 Minutes?

Silver47 Targets Resource Growth With 10,000 Metre Red Mountain Drill Program

Related News

Max Resource Expands Conejo Zone To 3.7 Kilometres

Max Resource Corp (TSXV: MXR) this morning reported further assay results from the ongoing exploration...

Wednesday, November 3, 2021, 07:43:04 AM

Rio Tinto-Glencore Merger Reportedly In Discussion, Poised To Topple BHP As Largest Copper Miner

An industry-shifting movement in the global mining space could happen as Rio Tinto (LON: RIO)...

Friday, January 17, 2025, 10:01:04 AM

Copper Shortage Threatens AI Boom as Demand Set to Surge 50% by 2040

A looming copper shortage threatens to stall artificial intelligence development and clean energy expansion as...

Monday, January 12, 2026, 03:06:00 PM

Golden Arrow Announces 2,000 Metre Drill Program Following Positive Survey Results

Golden Arrow Resources Corporation (TSXV: GRG) today announced that the TEM surface geophysical survey conducted...

Thursday, June 24, 2021, 08:45:31 AM

Copper, Gold To See ‘Immediate Price Boost’ From Potential Rate Cuts

Analysts at Goldman Sachs are projecting potential interest rate cuts by the US Federal Reserve...

Thursday, February 22, 2024, 02:14:00 PM