. | . |
|
. |
by Staff Writers Lima (AFP) Jan 24, 2012 Peru brought in three foreign consultants to make recommendations on a $4.8-billion mining project that sparked violent protests before the government put it on hold, Prime Minister Oscar Valdes said Tuesday. The project was suspended December 4, initially for two months, after an 11-day worker strike over adverse environmental impacts that many in the region fear will result from the planned Conga mining project in the Cajamarca area of northern Peru. Valdes told reporters in Lima that his office had picked the consultants. Their names were not immediately announced. But Valdes said that in the next 40 days, they would review the environmental impact study submitted by US mining giant Newmont, which was approved in 2010 by former president Alan Garcia's government. "The government respects what has been signed and Newmont has done its part," Valdes said. The company suspended the project under pressure from the government as protests surged amid local fears the project will sully local headwaters. "If the review comes back negative, we would speak with the mining company and look at what happened with the environmental analysis and what they spent 10 million dollars on if it is worthless, which I do not expect," Valdes added. The so-called Conga project, currently in the exploration phase, is a plan by Newmont to extract seven million ounces of gold and 400 million pounds of copper by 2017 from the area. The open-pit project, located some 3,700 meters (12,140 feet) above sea level, involves moving the water from four lakes high in the Andes mountains into reservoirs the company would build. But the Conga project has drawn protests from local residents, including mine workers, farmers and environmental activists, who fear among other concerns that contaminated water from the project could despoil the area's lakes and rivers. President Ollanta Humala had been a backer of the project but now has insisted potential environmental impacts must be weighed.
Global Trade News
|
. |
|
The content herein, unless otherwise known to be public domain, are Copyright 1995-2012 - Space Media Network. AFP and UPI Wire Stories are copyright Agence France-Presse and United Press International. ESA Portal Reports are copyright European Space Agency. All NASA sourced material is public domain. Additional copyrights may apply in whole or part to other bona fide parties. Advertising does not imply endorsement,agreement or approval of any opinions, statements or information provided by Space Media Network on any Web page published or hosted by Space Media Network. Privacy Statement |