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

Antimony Resources Trenching at Bald Hill Averages 19.5% Antimony, Peaks at 44.2%

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

Related News

Rolexgate: Peruvian President Vows to Stay Amid House Raid Controversy

Peruvian President Dina Boluarte stood firm in her position, declaring she will not resign despite...

Thursday, April 4, 2024, 07:44:00 AM

Scotiabank Plans Return to Metals Trading Market

Bank of Nova Scotia (TSX: BNS) has begun recruiting staff to restore its metals trading...

Saturday, December 20, 2025, 11:18:00 AM

Surge Copper Raises $14.0 Million In Bought Deal Financing

Surge Copper Corp. (TSXV: SURG) today announced the closing of the company’s previously announced bought...

Thursday, June 10, 2021, 07:35:00 AM

Max Resource Discovers New Zone At Cesar Copper-Silver Project

Max Resource Corp (TSXV: MXR) this morning announced that it has discovered yet another copper...

Thursday, April 8, 2021, 07:08:30 AM

Talks Reveal BHP Did Offer To Acquire Anglo American For $53B

BHP Group made a roughly $53-billion bid for Anglo American that delivered a 24% premium...

Wednesday, December 3, 2025, 12:10:00 PM