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6/5/18

Peru: Roadblocks at mines owned by Buenaventura (BVN), Hochschild (HOC.L) and Fortuna (FVI.to) (FSM)

Early reports are of roadblocks by locals in the Caylloma district of Arequipa region in South Peru. Locals are angry with mining companies working the zone and say they are fed up with the companies promising community a social programs, only to ignore the agreements later. According to these early reports, locals have set up roadblocks and while allowing private vehicles through, are now stopping any vehicle connected to the mining operations at Ares (HOC.L) and Bateas (FVI.to), as well as the commission stage Tambomayo (BVN).

More details later when available.


UPDATE: The main complaint seems to be that the dirt track road used by the mining companies has been kicking up enormous amounts of dust due to the quantity of trucks now using the road. Locals have complained for months about this and how the dust is a pollution risk as well as contaminating their nearby crops. The mining companies pledged to pave the road on several occasions but after each agreement, nothing happened. Therefore locals feel forced to take action by blocking the roads.

BVN, FVI and HOC: Winning friends and influencing people in Peru. Certainly a different story to those smiling rosy-cheek kids you always get on their websites.