Southern Copper Cancels Plan to Build $1.4 Billion Peru Project
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Southern Copper Corp. won’t proceed with plans to build a copper mine in Peru after renewed farmers’ protests, a company official said.
Local opposition to the project has been stoked by anti-mining “terrorists” with political motives, Julio Morriberon, the company’s director of institutional relations who oversees the project, told Lima-based Radio Programas.