Evolution Mining climbs to 4-year high on upbeat Q2 production, bullion prices
The company reported a quarterly group gold production of 194,793 ounces, compared with 161,073 ounces a year earlier.
Peru’s President Alan Garcia Perez and the Ministry of Energy and Mines have suspended mining concessions in several of the nation’s provinces for the next 12 months.
The President of the Council of Ministers Rosario Fernandez Figueroa said a multi-sectoral commission has been appointed to study and propose reforms regarding mining concessions.