Conga Project
Conga Project is a gold mining and copper mining project in Cajamarca Region of Northern Peru. It is a project of Minera Yanacocha, a company mainly owned by Newmont Mining Corporation.
Overview
The Conga Mine is a project of Minera Yanacocha, a company mainly owned by Newmont Mining Corporation and Buenaventura, a Peruvian mining company, and the International Finance Corporation, the private-lending arm of the World Bank.[1] It was expected to yield 680,000 ounces of gold and 235 million pounds of copper per year for the first five years.[2]
History
The Conga Environmental Impact Assessment was originally approved in 2010.[3] It was suspended in November 2011. In April 2012, President Ollanta Humala said, the project needed a number of changes to proceed.[4] Protesters expressed concerns about perceived impacts of the project on the local water supply.[5]
Farmers have protested against the project.[2] Demonstrations ceased after President Ollanta Humala on December 4, 2012 granted the country’s armed forces extra power for 60 days, including the right to make arrests without warrant.[2] Opponents of the project are pointing to risks for ecosystem and water resources.[6] The protests had the result, that several of President Ollanta Humala’s ministers resigned.[7][dead link] This was the first crisis of the Humala administration.[7]
In April 2016, Máxima Acuña received the Goldman Environmental Prize for her environmental advocacy and peaceful resistance regarding the Conga Mine Project.[8]
Notes
- ^ Ben Hallman (12 February 2015). "One Peruvian Woman Is Standing Up To A Gold-Mining Goliath". Huffington Post. Retrieved 18 April 2016.
- ^ a b c Liezel Hill (27 February 2012). "Newmont Says Too Early to Call Conga Project Amid Review". Bloomberg News. Retrieved 7 May 2016.
- ^ "Archived copy". Archived from the original on December 1, 2011. Retrieved May 1, 2012.
{{cite web}}: Unknown parameter|deadurl=ignored (|url-status=suggested) (help)CS1 maint: archived copy as title (link) - ^ "Archived copy". Archived from the original on April 25, 2012. Retrieved May 1, 2012.
{{cite web}}: Unknown parameter|deadurl=ignored (|url-status=suggested) (help)CS1 maint: archived copy as title (link) - ^ "Protests Shut Down Conga Project in Peru". Engineering & Mining Journal. Mining Media International. 20 January 2012. Retrieved 7 May 2016.
- ^ D. Raiser (18 April 2012). "Cajamarca: Bergbau-Gutachter mahnen Verbesserungen am Conga-Projekt an". INFOAMAZONAS. Magazine Premium. Retrieved 7 May 2016.
- ^ a b http://www.latinomineria.com/noticias/index_neo_en.php?id=1630
- ^ Jim Carlton Recipients of the Goldman Environmental Prize to be honored. Wall Street Journal, 18 April 2016 (subscription required)