Peruvian authorities are working on a plan to keep the military on mineral roads to avoid disruption to some copper ore shipments. "We have a plan to keep the armed forces working closely together," Energy and Mines Minister Oscar Vera said in an interview last Tuesday.
Precious metals streaming company Wheaton Precious Metals has delivered a solid performance to start the year, resulting in revenue of $214-million and robust cash operating margins, reports president and CEO Randy Smallwood. First-quarter production of 141 800 gold-equivalent ounces (GEOs) was ahead of company expectations, and with positive developments at a number of key assets, including Salobo and Constancia, he said Wheaton expects to see significant production growth throughout 2023.
The Ombudsman Office reported that over 64% of the 191 social conflicts registered in recent months in Peru are linked to social and environmental concerns related to mining operations.