Mining concessions in Peru

CORRECTION – see comments: Due to my mediocre Spanish I earlier stated mistakenly that the mayor of Acomayo granted mining concessions, it was in fact the government, and local authorities are protesting the developments. My apologies to the mayor of Acomayo.

Original post, corrected:

I just read here that the Peruvian government has granted significant concessions in the Acomayo area to the mining industry without proper consultations with the people of Acomayo.

Allow me to be perfectly selfish here: Acomayo is not too far from Accha, and if you mess with Accha, you’re messing with me. If this causes any trouble for Mama Vicky in Accha, I might just have to get involved in the opposition movement…

Sarcasm aside, I once read a column in “El Comercio” that said “Peru is a poor country because Peruvians act like poor people.” Peruvian authorities are typically eager to sell the country’s natural resources out for what they believe is a big sum of money. However, if the financial crisis proves anything, it’s that money is just funny printed paper. You can’t eat it, dance with it or teach it to sit and wag its tail.

Now mining is a necessary and honorable industry. Without it we would not have roads, infrastructure, hospitals, etc. But if Peru wants to improve its economy beyond the business districts of Lima, business and political leaders need to focus on applying the country’s fantastic human and natural resources to improve the quality of life for all Peruvians, instead of just looking for big payments of foreign cash.

I'll have my river without lead, please.

I'll have my river without lead, please.

NB: a good site for news about the impact of mining on Peruvian communities is Conacami Perú: Confederación Nacional de Comunidades del Perú Afectadas por la Minería

NB: I didn’t keep the column I referred to above, it was printed in El Comercio around the signing of the Hunt Oil project. If anyone happens to come across it, please let me know.

4 thoughts on “Mining concessions in Peru

  1. Sadly, I partially agree with the El Comercio quote. Fully agree on the money though.

    It’s too bad Peru is selling off its natural resources to foreigners once again. They did this during the Guano boom.

    S. Korea owns half of Peru-Petro tech now.

    The Chinese are reported to have won the concessions to build and develop the Peruvian highway infrastructure.

    Chile dominates the retail market and will soon dominate the energy market.

    Spain has telecommunications with Mexico coming in a close second.

    The list goes on. It’s like the country has a big “FOR SALE” sign hanging around its neck.

  2. Add to the list that Chile has a virtual monopoly on the airline market…

    I understand the economy is global and foreign investment is part of that, but I believe the business and political leadership is really missing out on development within Peru.

  3. Pingback: 21 reasons globalization as we know it is over « Life in Peru

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