The proposed end to the licensing system marks something of retreat for Beijing which has made many attempts to wrest control over pricing away from the major producers.
The new round of demonstrations come after a top official for the Conga project, CEO Roque Benavides of Buenaventura, said water from one of the main water sources for locals, would be transferred to a reservoir later this year.
While the real and rand continues to weaken significantly, the Australian dollar is staging an impressive comeback and dealing damage to Rio Tinto and BHP.