News & Analysis

Las Bambas copper production recovers

MMG’s Las Bambas mine in Apurímac has announced a 39% increase in year-on-year production over the first half to 139,594 tons of copper. This is a result of both lessening social conflicts since March, and the introduction of new machinery which allows for more...

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Strike called off at Cerro Verde

Workers at Peru’s largest copper mine, Cerro Verde in Arequipa (producing 18.8% of Peru’s copper), have called off strikes that were due to begin on 26 July, although the dispute has not yet been resolved. The workers claim that there is insufficient provision of...

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Recession looms as output takes a dive

Figures published this week by the Central Reserve Bank (BCRP) show that GDP contracted by 0.5% in the first five months of this year, following a 1.4% fall in May year-on-year. This casts further doubt on the government’s claim that GDP would expand by 3% this year....

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Gearing up for march on Lima

Citizen protesters and authorities alike have been gearing up this week for the third “toma de Lima” due to take place on Wednesday 19 July. Thousands of marchers are expected to arrive in Lima from various parts of the country. Organisers in Puno alone said they were...

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Health appointment under fire

Rosa Gutiérrez, who resigned as health minister amid criticism of her handling of the world’s worst dengue epidemic less than a month ago, was this week appointed head of EsSalud. This big-budget state body (aka Seguro Social de Salud) is responsible for hospitals,...

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Ministry welcomes violent extreme-right group

The Ministry of Culture (Mincul) was at the centre of a storm this week, following a reception in the ministry of a delegation from the violent far-right group La Resistencia, including their leader Juan Muñico (alias ‘Maelo’) on Monday. This extremist outfit,...

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