Peru to Spur Southern Copper, Newmont Projects, El Comercio Says

Peru will help Southern Copper Corp. (SCCO) and Newmont Mining Corp. (NEM) accelerate projects delayed by community protests, El Comercio reported, citing Energy & Mines Minister Jorge Merino.

The government will set up community consultation groups as it assesses the environmental impact of Southern Copper’s Tia Maria project next year, Merino told the Lima-based newspaper.

Newmont’s Conga project will receive a boost when it completes water and irrigation projects late next year, El Comercio reported the minister as saying.

To contact the reporter on this story: John Quigley in Lima at jquigley8@bloomberg.net

To contact the editor responsible for this story: James Attwood at jattwood3@bloomberg.net

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