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

SSR Mining Walks Away From a World Class Gold-Copper Project

Why More Canadians Are Starting to Think About Leaving | Jesse Day

Instead of Waiting, This Gold Developer Went Bigger | Kenneth McLeod – Sonoro Gold

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 Further Expands Cesar Copper-Silver Project To 2,500 Square Kilometres

Max Resource Corp (TSXV: MXR) this morning issued a brief press release, outlining that the...

Wednesday, February 17, 2021, 08:03:51 AM

Nickel Creek Platinum CEO Resigns To Pursue Better Opportunities In Precious Metals Sector

Nickel Creek Platinum Corp (TSX: NCP) has seen its President and CEO resign to pursue...

Monday, August 31, 2020, 08:37:24 AM

This Is Why Copper Could Explode Next | Ian Harris – Copper Giant

In this conversation, Ian Harris, CEO of Copper Giant (TSXV: CGNT), talks about why copper...

Saturday, July 19, 2025, 03:43:00 PM

Is A Copper Shortage Coming?

The world’s leading copper producers are sounding the alarm about a looming shortage of mines...

Wednesday, October 11, 2023, 06:49:00 AM

Environmentalists Are Crushing Clean Energy Mining Projects Even In Relatively Affluent Countries

Intense on-the-ground opposition to clean energy-related mining projects even in countries with reasonably high standards...

Saturday, November 11, 2023, 12:37:00 PM