Truce expires at Peru's Las Bambas copper mine without clear path forward

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Truce expires at Peru's Las Bambas copper mine without clear path forward
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Six indigenous Peruvian communities that have been protesting MMG Ltd's Las Bambas copper mine said on Thursday there has been no progress after a full month of talks, as a precarious truce came to an end without a clear next step.

Members of the indigenous community of Huancuire camp near the Las Bambas copper mine as part of a protest to demand the land they call ancestral lands, to be returned to the communities, in Apurimac, Peru. Picture taken May 9, 2022 with a drone. REUTERS/Angela PonceLas Bambas copper mine said on Thursday there has been no progress after a full month of talks, as a precarious truce came to an end without a clear next step.

The result leaves Las Bambas, one of the world's largest copper mines, in flux and facing the possibility of renewed protests that could once again disrupt its operations. The indigenous communities say Las Bambas has not fulfilled all of its commitments with them and also say that the company has failed to benefit them financially.

Keeping Las Bambas in operation is also important for Peru, which is the world's No. 2 copper producer and depends on mining for a significant percentage of its tax revenue.

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