the Government proposes investments in mining regions to reduce social conflict

the Government proposes investments in mining regions to reduce social conflict

“We are going to approve a package of decentralized investmentswith special emphasis on mining areas,” said the minister, as one of the measures to reduce the constant social protests that have paralyzed operations in large mines.

In the most recent conflict, the copper The Bambasof the Chinese MMG suspended its operations after communities broke into the mine on April 14 and camped inside, alleging that the mine has not fulfilled the commitments it made with them to operate the deposit.

Graham stated that he will deploy a specialized team from his portfolio to speed up social investments in the interior of Peru with resources from the “canon” or mining royalties, that 60% are not running. “We must improve the welfare of the population,” he said.

The official said that the international environment is favorable for the mining sector and that “this trend will continue and is a great opportunity to continue growing.” In this sense, Graham ratified the latest official projection of growth of the local economy of 3.6% for this year.

“That is why it is so important to de-escalate these conflicts and attend to them early, which affects not only this activity so much, but also future prospects and investments,” said the Economy Minister.

Source: Ambito

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