USGS releases first study to assess global earthquake risk to mineral supplies
Earthquakes have the potential to substantially affect mining operations, leading to supply chain disruptions that adversely affect the global economy.
A group of Peruvian indigenous communities that have been protesting MMG Ltd’s huge Las Bambas copper mine will meet with President Pedro Castillo on Tuesday in Lima in a new bid to defuse the crisis, a community leader told Reuters.
Edison Vargas, the President of the Fuerabamba community, said the groups hoped to present their problems to Castillo, a leftist president who came to office last year pledging to redistribute mining wealth in the world’s No. 2 copper producer.
Las Bambas, which supplies 2% of global copper, suspended operations on April 20 due to the protests and has been unable to restart production since, the most severe crisis the Chinese-owned mine has faced.
(By Marco Aquino and Marcelo Rochabrun)
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