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Search resuls for: "Marcelo Rochabrun"


5 mentions found


☆ In Peru's hills, an artisanal miner boom frustrates Big Copper's plans
  + stars: | 2022-12-01 | by ( Marco Aquino Marcelo Rochabrun | Marco Aquino | Marcelo Rochabrun | ) www.reuters.com   time to read: +9 min
Small-scale copper miners are now challenging Big Copper for territorial control of rich deposits of the red metal. In Peru, artisanal mining permits have doubled to 80,000 since 2020, government records show. Peru's leftist administration presented a new framework for artisanal mining last week that declared artisanal mining is "as important" as big mining. "Where we have concessions we can't have (artisanal mining permits)," Rojas said. The number of valid artisanal mining permits in Tapairihua has fallen from 100 to 32 since May, according to government records.
☆ LATAM Airlines plane crashes on Peruvian runway, two firefighters dead
  + stars: | 2022-11-18 | by ( Marco Aquino | ) www.reuters.com   time to read: +2 min
It was unclear why the firetruck entered the runway while the plane was taking off. This is the second incident in less than a month involving LATAM Airlines, after one of its planes had its nose destroyed during a severe storm that forced it to make an emergency landing. Chile-based LATAM Airlines' Peru branch said it was deploying all its resources to attend to those affected, and work with authorities to support the investigation. Lima Airport Partners, which operates Jorge Chavez, Peru's most important airport, said the airport will remain closed at least through 1 p.m. (1800 GMT) on Saturday. The flight was LA2213, covering the domestic Lima-Juliaca route, LATAM Airlines said.
☆ Peru targets local lithium battery production, official says
  + stars: | 2022-09-28 | by ( Marcelo Rochabrun | ) www.reuters.com   time to read: +2 min
It has some lithium deposits in the southern region of Puno which are currently being explored by American Lithium Corp (LI.V). To be sure, Peru currently produces no lithium and no country in Latin America produces lithium batteries at a commercial scale even if they do mine lithium. Bolivia has the world's largest lithium resources but has for years struggled to mine them at a commercial scale. Mexico nationalized its lithium resources earlier this year and announced a state lithium mining company but has yet to start lithium production. Lithium battery production is currently dominated by China.
☆ MMG to invest $2 billion at its troubled Peruvian Las Bambas mine
  + stars: | 2022-09-27 | by ( Marcelo Rochabrun | Marco Aquino | ) www.reuters.com   time to read: +2 min
LIMA (Reuters) -Chinese miner MMG Ltd expects to invest $2 billion in the next five years to expand its troubled Las Bambas copper mine in Peru and is eyeing potential acquisitions to further increase production, an executive said on Tuesday. FILE PHOTO: General view of a mine operated by MMG Las Bambas, outside of Cusco, Peru October 14, 2021. 2 copper producer and Las Bambas is one of the largest producers of the red metal in the world. Las Bambas opened in 2016 in the Peruvian Andes, but has suffered recurrent disruptions from indigenous communities who say its vast mineral wealth has not translated into better living conditions. Those disruptions reached a new peak this year when members of two neighboring communities settled inside Las Bambas, forcing the company to suspend all operations for over 50 days.
☆ Miner BHP wants to expand presence in Peru, says executive
  + stars: | 2022-09-27 | by ( ) www.reuters.com   time to read: +1 min
LIMA, Sept 27 (Reuters) - Global miner BHP (BHP.AX) wants to expand its presence in Peru through exploration of new projects, Rag Udd, who heads the company in the Americas, said on Tuesday at the Perumin mining conference. 2 copper producer and BHP is a part-owner of one of its largest copper mines, Antamina. Udd added that BHP will invest $12 million on exploration in the next 10 months and that it is evaluating six potential projects. BHP is also the operator of the world's largest copper mine, known as Escondida and located in Chile. Register now for FREE unlimited access to Reuters.com RegisterReporting by Marcelo Rochabrun and Marco Aquino; editing by Jonathan OatisOur Standards: The Thomson Reuters Trust Principles.
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