Yanacocha confirm that you accept the recommendations of Peru on the Conga project

The Yanacocha mine, whose main shareholder at the American Newmont, confirmed today that it has agreed to implement the recommendations of an international expertise and approaches of the president of Peru, Ollanta Humala, to develop the project Conga.

The manager of the mine, Carlos Santa Cruz, said in a statement that they had accepted the recommendations, which include preserving two of the four lakes that were to be drained to develop the project, to increase the water reservoirs in the Cajamarca region and create 10,000 direct jobs.

“The construction of reservoirs contribute to strengthening our relationship with Cajamarca and at the same time it will show that modern and responsible mining can protect the environment and significantly improve quality of life of the population through economic development and infrastructure, “said Santa Cruz.

The president of Peru, Ollanta Humala, Newmont said Thursday it had identified itself with the proposals made by the Government to make sustainable and copper gold deposit, which is opposed by a broad sector of the northern region of Cajamarca.

“A Newmont already had made an approach for the project and welcome them finally identified with our proposals,” the president said.

The Conga project is stalled since last November by the opposition of regional president of Cajamarca, Gregory Santos, and various social organizations that promote an indefinite strike.

President Buenaventura (Yanacocha Newmont’s partner), Roque Benavides, had said Tuesday that the company is committed to do “extra effort to give more water” to Cajamarca.

Last Tuesday, local media circulated a letter signed by Gregory Santos Humala requesting to grant them an opportunity for leaders and authorities of “listening”, although not explicitly referred to a request for dialogue.

Humala said, however, who had not received any document from the authorities of Cajamarca, but expressed his willingness to talk with them and even the Government set up a negotiating team led by Housing Minister René Cornejo.

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