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Article

17 Jun 2013

Author:
Mitra Taj, Reuters

Peru protesters push to stop $5 billion Newmont mine

Thousands of opponents of a $5 billion gold project of Newmont Mining circled a lake high in the Andes on Monday, vowing to stop the company from eventually draining it to make way for Peru's most expensive mine. Lake Perol is one of several lakes that would eventually be displaced to mine ore from the Conga project. Water from the lakes would be transferred to four reservoirs that the U.S. company and its Peruvian partner, Buenaventura, are building or planning to build...[M]any residents fear they would lose control of the water or that the mine would cause pollution..."Why would we want a reservoir controlled by the company when we already have lakes that naturally provide us water?" asked Angel Mendoza, a member of a peasant patrol group…Newmont and Buenaventura said in a statement: "As stated previously, we will only build the proposed Perol reservoir if we are able to secure all the necessary permits and complete an intensive public involvement process with neighboring communities."