Minera IRL has lifted suspension of the Corihuarmi mine in Peru and restarted operations, which were stopped due to protest from local residents.
The issue was resolved after the company and members of the Atcas Community discussed the outstanding issues.
Go deeper with GlobalData
Discover B2B Marketing That Performs
Combine business intelligence and editorial excellence to reach engaged professionals across 36 leading media platforms.
Under the new agreement, the surface use agreement with the community has been extended until 2018 and Minera reaffirmed its commitment to support local businesses and social programmes.
According to the company, loss of production during the temporary suspension will not have a noticable impact on operations.
On 7 September, the company announced that a group of around 100 individuals from the community surrounded the Corihuarmi mine and urged it to suspend all operations at the site.
The Corihuarmi mine is located 160km south-east of Lima in Peru.
US Tariffs are shifting - will you react or anticipate?
Don’t let policy changes catch you off guard. Stay proactive with real-time data and expert analysis.
By GlobalDataAt the time, Minera proposed to engage in discussions with the Atcas Community to reach an agreement that will alleviate their concerns.
Metals mining and exploration company Minera has operations in Latin America.
The company is in the process of advancing its Ollachea Gold project towards production.
