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

Dec. 21 (Bloomberg) -- Peru will help Southern Copper Corp. and Newmont Mining Corp. 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