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Dec 6, 2011

PERU News, Dec 06, 2011


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Peru: Proposed gold mine riles locals
GlobalPost
Editor's note: This article is part of "El Dorado," an ongoing series about the scramble for Latin American gold, which has only intensified amid the global turmoil. LIMA, Peru — President Ollanta Humala's tightrope act was never going to be easy: ...
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Protest Continues In Peru Against Gold Mine Project
Bernama
LIMA, Dec 1 (BERNAMA- NNN-PRENSA LATINA) - The protest against a goldmine project in the north-Andean region of Cajamarca, Peru continues despite its suspension for an undefined period. Cajamarca regional president and governor Gregorio Santos and the ...
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Update on Impact of Peru Protest Action
Sacramento Bee
By Gold Fields Limited Production at Gold Fields Limited's (Gold Fields) (JSE, NYSE, NASDAQ Dubai: GFI) Cerro Corona mine in the Cajarmarca province inPeru has to date not been affected by the continuing protest actions against the Newmont Corp ...
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Peru's Peaks Go White to Guard Glaciers
Discovery News
Eduardo Gold, founder of Peru Glaciers, paints mountains. But he isn't making a guerrilla art statement. Gold's goal is to make 3 billion square meters (1160 square miles) of the Andes Mountains more reflective, reported CNN. ...
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New World Gold Corporation Acquires Additional Mine in Peru
MarketWatch (press release)
BOCA RATON, FL, Nov 29, 2011 (MARKETWIRE via COMTEX) -- New World GoldCorporation (pinksheets:NWGC) is pleased to announce that is has acquired a second mine in Peru. The mine was ready to go on production but had no milling capability. ...
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Peru goes for the gold at South American surfing championship in Ecuador
Andina - Agencia Peruana de Noticias
Peru's national surf team, led by Cristobal de Col, is ready to win the second edition of the South American Beach Games 2011 which take place in the city of Manta, Ecuador. Yesterday was a great day for the Peruvian team, as it proved to be ready to ...
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Peru Stocks: Buenaventura Falls; Candente, Minera IRL Gain
BusinessWeek
Minera IRL Ltd. (MIRL PE), a UK minerals explorer with a gold mine in Peru, added 4.5 percent to $1.17, a two-month high. Gold advanced in New York on speculation that central banks may increase holdings after South Korea bought bullion to diversify ...
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Gold Fields says Peru mine unaffected by protests
Reuters Africa
JOHANNESBURG Dec 5 (Reuters) - Gold Fields said on Monday it was considering alternative supply routes to maintain production at its Cerro Corona mine in Peru if protests against Newmont Mining's gold mine project in the region are prolonged. ...
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Peru's president declares state of emergency in region torn by protests ...
KENS 5 TV
AP LIMA, Peru (AP) — Peru's president declares state of emergency in region torn by protests against gold mine. Link your account to your Twitter or Facebook account for easier login! Yes! Please send me exclusive discounts and special offers from ...
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Gold Fields' Peruvian Output Unfazed by Conga Protests
International Business Times
By Mike Obel | December 5, 2011 7:53 AM EST Production at Gold Fields Ltd.'s Cerro Corona gold mine in Peru has not been affected by a nearby protest against another large mining venture, the South African company said Monday. ...
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Mawson Resources to spin out Peruvian assets
Proactive Investors USA & Canada
Darwin will own a portfolio of early stage copper-gold Peruvianassets which include the Alto Quemado, Huatiapa, Carrizales, Vicunas and Luminaria projects, also giving Darwin ownership of one of the strongest exploration databases in Peru, ...
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Proactive Investors USA & Canada
Peru Stocks: Buenaventura, Volcan Fall; Credicorp Gains
BusinessWeek
Minera SAA (VOLCABC1 PE), Peru's largest zinc producer, fell the most in two months, retreating 3.7 percent to 3.12 soles. Alturas Minerals Corp. (ALT PE), a Canadian copper exploration company, dropped 10 percent to 9 cents. Goldcompanies fell as the ...
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Peru declares emergency over disputed mine
Al Jazeera
Parts of northern Peru are under a state of emergency after protests against a mining project. The government has given the military powers to shut down protests and arrest people without a warrant in four provinces of Cajamaraca. ...
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The Golden Curse of the Peruvian Amazon
The Epoch Times
By Dr. César Chelala Created: November 30, 2011 Last Updated: November 30, 2011 A gold miner uses a high-pressure hose to wash away the earth and getgold particles, inside a huge crater near Delta Uno, department of Madre de Dios, southeast Lima, Peru ...
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Peru Stocks: Alicorp, Casa Grande, Rio Alto, Southern Copper
BusinessWeek
Panoro Minerals Ltd. (PML PE), a Canadian copper and gold exploration company, climbed 5.1 percent to 41 cents. Southern Copper Corp. (SCCO PE),Peru's biggest copper producer, advanced 4 percent to $31.
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Peru Can Keep Rates on Hold as CPI Slows, Velarde Says
BusinessWeek
The suspension of the $4.8 billion Minas Conga copper and gold project following anti-mining protests won't harm growth unless other mine investments are also halted, Velarde said. Cia. de Minas Buenaventura SAA and partner Newmont Mining Corp. agreed ...
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Panoro Minerals Continues to Intersect High Grade Copper-Gold Mineralization ...
DigitalJournal.com (press release)
6, 2011 /CNW Telbec/ - Panoro Minerals Ltd. (TSXV: PML) (Lima: PML) (Frankfurt: PZM) ("Panoro", the "Company") Panoro is pleased to report additional assay results from its Cotabambas porphyry copper-gold project located in southernPeru. ...
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Peru's firefighters struggle as economy booms
BusinessWeek
... in Peru even as its leaders tout record-breaking growth as evidence it is en route to developed-world status. Annual economic growth has topped 8 percent in three of the last four years, driven by booming exports of gold, copper and fish meal. ...
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Mariana Resources-Appointment of New COO and Vice President of Exploration
MarketWatch (press release)
This included previous positions with Cyprus Gold Australia and Newcrest Mining (Peru) and consulting to companies such as Goldfields and BHP Billiton. He was co-founder of former AIM-quoted Monterrico Metals and as Executive Director and COO, ...
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Gold Stock Price Update for Today, Dec-5
Beacon Equity Research
BVN's PE ratio is 11.04 and their market cap is $10.20B. Buenaventura Mining Company Inc. is a precious metal company and is engaged in the exploration, mining and processing of gold, silver and, to a lesser extent, other metals, inPeru. ...
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Peru is more than Machu Picchu
Ocala
This is a view of the Inca citadel of Machu Picchu in Cusco in Peru's jungle-covered southern Andes, 310 miles southeast of Lima, Peru. (AP) Lima's premier attraction is the Museo de Oro, (gold artifacts) and Miraflores is the best district for tourist ...
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MIDAS SHARE TIPS: Minera poised for rewards as mine nears production
This is Money
A metallurgist, Chamberlain has been in mining all his working life and has spent more than 15 years in the Peruvian gold industry. Having established good relationships with the political authorities, Chamberlain believes the biggest threat to foreign ...
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PRECIOUS METALS HIGHLIGHTS: Top Stories Of The Day
NASDAQ
LIMA, Peru (AFP)--Days of increasingly violent environmental protests forced the suspension Tuesday of a $4.8-billion gold mining project in Peru majority owned by US mining giant Newmont, the mine said. MOSCOW (Dow Jones)--Russian steelmaker OAO ...
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Gold Fields Hosts Investor Day in Johannesburg and New York
Sacramento Bee
Gold Fields is one of the world's largest unhedged producers of gold with attributable annualised production of 3.5 million gold equivalent ounces from eight operating mines in Australia, Ghana, Peru and South Africa. Gold Fields also has an extensive ...
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Sulliden Intersects Gold and Silver in First North Corridor Holes and ...
MarketWatch (press release)
Drill intercept highlights in the North Corridor include, 1.24 g/t gold and 34.8 g/t silver over 8.2 meters from hole SHN11-307. Stephane Amireault, Vice President of Exploration for Sulliden commented, "The North Corridor represents a large ...
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Gold Fields CEO says Ghana taxes a 'big concern'
Creamer Media's Mining Weekly
... completing a scoping study for a potential 52-million ounce gold reserve at its Far Southeast project in the Philippines, completing a feasibility study for its significant gold resource find of about 7.6-million ounces at Chucapaca, in Peru,...
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CADE Innovations: Stay tuned for 'El Nuevo Peru de Antes!'
Andean Airmail & PERUVIAN TIMES
Perhaps in the same way that today's costeños are more outgoing than the peoples of the highlands, the costeños produced the flamboyant artistry of thegold- and silver-working of Sipan. These were productive, often competitive societies whose vision ...
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Glencore pulls out of $475 million Peru deal
Reuters
N) halted work on its $4.8 billion Conga gold project in Peru after the government asked it to help calm violent protests. Glencore shares were down 1.3 percent in London at 375 pence at around 0950 GMT, outperforming a 2.1 percent drop in the mining ...
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China Becomes Peru's Main Trading Partner & Leading Investor
Bernama
Peru's main exports are copper, gold, zinc, tin, iron ore, molybdenum; crude petroleum and petroleum products, natural gas; coffee, potatoes, asparagus and other vegetables, fruit, apparel and textiles, fishmeal. Total trade last year reached almost ...
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Peru Protests Against Prison Expansion, Despite Desperate Overcrowding
InSight Crime
Violent protests in southern Peru over the proposed expansion of a local prison call attention to the need for prison reform across the country, which holds 49000 inmates in a system built for 28000. On December 2, demonstrators rallying against a ...
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BBC News - Peru protests at huge Conga gold mine in Cajamarca
Thousands of Peruvians protest against plans for a huge new goldmine, in a dispute that is a test for President Humala's policies.
www.bbc.co.uk/news/world-latin-america-15884119
Peru's highlands conundrum: gold versus water - TribToday.com ...
News / International News /. Peru's highlands conundrum: gold versus water ... agold-and-copper mine they fear could taint and diminish their water supply. ...
www.tribune-chronicle.com/.../Peru-s-highlands-conundrum--...
$4.8 billion Peru gold mine project suspended - Yahoo! News
From Yahoo! News: A $4.8 billion gold and copper mining project, Peru's biggest such investment, was declared suspended Tuesday after increasingly violent ...
news.yahoo.com/4-8-billion-peru-gold-mine-project-suspende...
Peru: Proposed gold mine riles locals
With gold at record levels, the stakes could not be higher for Peru's economic development, which is heavily dependent on mining royalties. ...
www.globalpost.com/.../peru-gold-mine-mining-economy-env...
Peru Declares State Of Emergency Over Gold Mine ... - Fox News
Peru's president has declared a 60-day state of emergency in a northern region torn by more than a week of protests against a highlands gold mine that is the ...
www.foxnews.com/.../peru-declares-state-emergency-over-gol...
Latin America news: Proposed gold mine riles local people in Peru ...
Latin America news: Proposed gold mine riles local people in Peru. With gold at record highs, the stakes could not be higher for Peru's economic development, ...
www.globalpost.com/.../peru-gold-mine-mining-economy-env...
$4.8 billion Peru gold mine project suspended
(AP) LIMA, Peru — A $4.8 billion gold and copper mining project, Peru's biggest such investment, was declared suspended Tuesday after increasingly violent ...
www.cbsnews.com/.../$4.8-billion-peru-gold-mine-project-sus...
Gold Fields says Peru mine unaffected by protests [50176838 ...
African news, analysis and opinion – The Africa Report.com ... Business newsfeed Gold Fields says Peru mine unaffected by protests. Mon,05Dec2011 ...
www.theafricareport.com/.../gold-fields-says-peru-mine-unaff...
New World Gold Corp acquires additional mine in Peru | ANDINA ...
United States-based exploration company New World Gold Corporation announced Tuesday that it has acquired a second mine in Peru. The mine ... Monday, December 5, 2011, Year of Machu Picchu's Centennial to the World. News. Photo...
www.andina.com.pe/ingles/Noticia.aspx?id=kQSdPmX9eRo=
$4.8 billion Peru gold mine project suspended ... - Mainichi Daily News
The Mainichi Daily News is the English-language news site of Japan's Mainichi Newspapers. Top stories from around the world.
mdn.mainichi.jp/.../news/20111130p2g00m0bu084000c.html
Gold Mine Protests Force State Of Emergency In Peru : NPR
NPR News and Shows ... Gold Mine Protests Force State Of Emergency In Peru... of protests against a highlands gold mine, the country's biggest investment, ...
www.npr.org/.../goldmine-protests-force-state-of-emergency-i...
Peru protests at huge gold mine - BBC News: Science & Nature | e ...
Thousands of Peruvians protest against plans for a huge new goldmine, in a dispute that is a test for President Humala's policies.
esciencenews.com/sources/bbc.../peru.protests.huge.gold.mine
Thousands protest against Peru gold mine | The Associated Press ...
At least 10000 people in northern Peru joined protests on Thursday against a $4.8 billion open-pit gold mining project they fear will damage their water supply.
www.sfexaminer.com/.../thousands-protest-against-peru-gold-...
Violent protests in Cajamarca suspend gold ... - I Love Peru News
Peru's prime minister, Salomon Lerner, appeared in a news conference together with Newmont vice president, Carlos Santa Cruz, saying that the government ...
iloveperunews.com/?p=1392
Peru's Highlands Conundrum: Gold Versus Water - ABC News
Font Sizes. Peru's biggest mining investment is under threat and government social welfare programs with it as highlands peasants step up protests against a ...
abcnews.go.com/.../perus-highlands-conundrum-gold-versus-...
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