Bloomberg News

Peru to Spur Southern Copper, Newmont Projects, El Comercio Says

December 21, 2012

Peru will help Southern Copper Corp. (SCCO:US) and Newmont Mining Corp. (NEM:US) accelerate projects delayed by community protests, El Comercio reported, citing Energy & Mines Minister Jorge Merino.

The government will set up community consultation groups as it assesses the environmental impact of Southern Copper’s Tia Maria project next year, Merino told the Lima-based newspaper.

Newmont’s Conga project will receive a boost when it completes water and irrigation projects late next year, El Comercio reported the minister as saying.

To contact the reporter on this story: John Quigley in Lima at jquigley8@bloomberg.net

To contact the editor responsible for this story: James Attwood at jattwood3@bloomberg.net


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Companies Mentioned

  • SCCO
    (Southern Copper Corp)
    • $27.12 USD
    • -1.15
    • -4.24%
  • NEM
    (Newmont Mining Corp)
    • $24.15 USD
    • -0.14
    • -0.58%
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