https://newsletter.mw.creamermedia.com
Mining|PROJECT|transport|Environmental|Drilling
Mining|PROJECT|transport|Environmental|Drilling
mining|project|transport|environmental|drilling

Grupo Mexico works to kick out illegal miners at Los Chancas project in Peru

24th October 2024

By: Reuters

  

Font size: - +

MEXICO CITY - Mining and transport conglomerate Grupo Mexico is working with authorities to wipe illegal mining at its Los Chancas project in Peru, the mining division's finance chief told analysts in a call on Wednesday.

Leonardo Contreras also said that the company, controlled by billionaire German Larrea, would restart an environmental impact assessment of Los Chancas once all illegal miners had been kicked out of the site.

Grupo Mexico will then "initiate the hydrogeological and geological studies and conduct a diamond drilling campaign to gather additional information on the deposits' characteristics," Contreras added.

The firm had previously reported that dozens of illegal miners had invaded the project located in Peru's southern Apurimac region.

It started legal action against them back in 2023 in order to continue the project's development, estimated at a $2.6-billion investment.

Edited by Reuters

Article Enquiry

Email Article

Save Article

Feedback

To advertise email advertising@creamermedia.co.za or click here

Latest News

Hudbay to acquire Arizona Sonoran in $1.48bn deal
Hudbay to acquire Arizona Sonoran in $1.48bn deal
Updated 2 hours 19 minutes ago By: Mariaan Webb

Showroom

Rentech
Rentech

Rentech provides renewable energy products and services to the local and selected African markets. Supplying inverters, lithium and lead-acid...

VISIT SHOWROOM 
Axiom Hydraulics
Axiom Hydraulics

Axiom Hydraulics is a trusted leader in South Africa’s hydraulic industry, delivering world-class components, systems, and engineering expertise...

VISIT SHOWROOM 

Latest Multimedia

sponsored by

Magazine round up | 27 February 2026
Magazine round up | 27 February 2026
27th February 2026

Option 1 (equivalent of R125 a month):

Receive a weekly copy of Creamer Media's Engineering News & Mining Weekly magazine
(print copy for those in South Africa and e-magazine for those outside of South Africa)
Receive daily email newsletters
Access to full search results
Access archive of magazine back copies
Access to Projects in Progress
Access to ONE Research Report of your choice in PDF format

Option 2 (equivalent of R375 a month):

All benefits from Option 1
PLUS
Access to Creamer Media's Research Channel Africa for ALL Research Reports, in PDF format, on various industrial and mining sectors including Electricity; Water; Energy Transition; Hydrogen; Roads, Rail and Ports; Coal; Gold; Platinum; Battery Metals; etc.

Already a subscriber?

Forgotten your password?

MAGAZINE & ONLINE

SUBSCRIBE

RESEARCH CHANNEL AFRICA

SUBSCRIBE

CORPORATE PACKAGES

CLICK FOR A QUOTATION







sq:0.075 0.158s - 123pq - 2rq
Subscribe Now