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.

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.

"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.

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By GlobalData

At 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.