Newmont Mining Suspends $4.8 Billion Peru Gold Mine Operation After Violent Protests Over Water Supply

“LIMA, Peru — A $4.8 billion gold and copper mining project, Peru’s biggest such investment, was declared suspended Tuesday after increasingly violent protests by highlands peasants who fear for their water supply.

At least 20 people, including eight with gunshot wounds, were injured Tuesday in clashes between opponents of the Conga project and police who used firearms, Cajamarca state regional health director Reynaldo Nunez told Canal N television. He said one person was in critical condition and the injured included police.

“After discussions with the government, it was agreed that to help restore public order, the project would be suspended,” Newmont Mining Corp. spokesman Omar Jabara told The Associated Press via email. Denver-based Newmont is the majority owner of Conga, which was to begin production in 2015 and is an outgrowth of Yanacocha, Latin America’s biggest gold mine.”

Read More: The Huffington Post

 

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