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Peru Declares State of Emergency Over Violent Mining Protests
May. 25, 2015 08:41AM PST
Base Metals Investing CNN reported over the weekend that Peru has declared a state of emergency due to violent protests against a mining project in the country. Protests are aimed at the development of Southern Copper’s (NYSE:SCCO) Tia Maria copper mine.
CNN reported over the weekend that Peru has declared a state of emergency due to violent protests against a mining project in the country. Protests are aimed at the development of Southern Copper’s (NYSE:SCCO) Tia Maria copper mine.
As quoted in the publication:
Video showed at least one protester who appeared to be dead from wounds to the head at the Tia Maria copper mine project site. Others battled with police who lobbed tear gas at them.
The government had done all it could to ensure safety to the environment, but it was forced to make the move due to a “small group,” Chief Cabinet Minister Pedro Cateriano said at a news conference, according to the official Andina news agency.
Click here to read the full CNN article.