During the first half of the year, Peru ministry of energy and mines has approved the 21 to 19 mining environmental impact assessment presented to operating units or projects whose investment commitments in excess of USD 10.023 million.

Among the projects approved EIA include the Minas Conga Cajamarca with an estimated investment of 5.000 billion, and Black Mountain, both of Minera Yanacocha, plus tank mine clearing southeast to Cerro Verde, which is part of the expansion of mining unit by 3.600 million. Also the placement of a substation mining Marcona iron complex, run by Shougang Hierro Peru with investment commitments of 1.200 million.

The MEM also approved modifications to warehouse at the port of Callao, by Consorcio Minero, part of the belt transport of minerals, comprising a total investment of 150 million dollars, and the start of operation of the mine zinc, lead and silver Santander in Huaraz for Trevali, which is estimated an investment of 73 million.

Other companies with approved EIA in this first part of the year are Arasi, Catalina Huanca, Compania de Minas Buenaventura, Milpo, Gold Fields La Cima, and Perubar Misquichilca Barrick.

In the first half of 2011, some 15 miners had EIA approved for 19 projects submitted.

In the first half of the MEM approved 58 environmental impact statements submitted by 44 companies, whose investment commitments represent some 46.7 million dollars. These mines are Anglo American, Hot Gold Peru, Americas Potash Peru, Orion Explorations, Buenaventura, Milpo, Peru Fresnillo, Iamgold, Gold Fields, Minera Yanacocha and Votorantim.

Source - Reuters

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