Monday, October 6, 2025

Latest

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

Fortune Bay: The Potential Billion Dollar Project

Japan Gold Enters New Chapter as Barrick Alliance Concludes – John Proust

Barrick Mining’s “Company Defining [Gold] Discovery”

Recommended

Nord Precious Metals Produces High Grade Silver Concentrate From Tailings

ESGold Secures $9 Million In Non-Dilutive Funding From Ocean Partners

Related News

Max Resource Corp Appoints Strategic Corporate Advisor

Max Resource Corp (TSXV: MXR) has appointed a strategic advisor to its team to assist...

Monday, October 5, 2020, 07:59:02 AM

Chile Election Will Decide Fate of World’s Largest Copper Producer

Chileans will head to the polls on November 16 to elect a president who will...

Thursday, July 31, 2025, 02:53:00 PM

Anglo-American Rejects BHP’s $38.9 Billion Takeover Bid

In a bold move set to potentially reshape the global mining landscape, BHP Group (NYSE:...

Sunday, April 28, 2024, 07:41:00 AM

Copper Retreats from May High as China’s Economic Boost Falls Short

Base metals markets are experiencing a significant downturn, with copper leading the decline amid concerns...

Tuesday, July 23, 2024, 11:03:43 AM

Copper Prices Tumble as Inventories Surge

Copper prices plunged below the $10,000 per metric ton mark on Tuesday, as traders grappled...

Tuesday, June 4, 2024, 03:52:00 PM