NEW Direction!!!!

For several reasons and a lot of technical problems I changed my Blog. The new direction is: http://goldmine.wordpress.com

Networks in Peru

Not directly conected with Mining, but - a least - with Peru. This research paper gives interesting facts how networking is working in Peru and which communication strategies you should use to create and establish a network....

Garcia

News about Peru Election 2006.
Selected from the Departement of Political Sciences, University of British Columbia....

And the big question? What means Garcia for mining?

Most Peruans I spoke too, were mentioning Garcias very bad "performance" during his last time as president. And this is, what Safe Haven means:

Garcia is a populist with a political outlook that steers a course between the extremes of raw capitalism and extreme nationalism. He is a moderate leftist that is not hostile to Washington. He has promised to (...) promote workers rights, leavy a windfall profit tax on mining companies, and to oppose the ratification of the free trade agreement with the United States until a full public debate has occurred. He has also claimed that he is the only candidate that is prepared to represent the poor without a takeover of private property.

And what´s your opinion? Would like to invite you to have a discussion!

Choropampa - 6 years

Yesterday I mentioned it already: 6 years Choropampa. Here again some information en Spanisch (CHOROPAMPA: Crimenes y mentiras de la Newmont - Por Cathy Garcia) and also a movie about this topic (Choropampa: The Price of Gold)

Humala did´t win - Newmont happy?!!!

Elections in Peru... I guess - I only guess, because I´m a completely outstanding person and actually I don´t know too much about all this stuff - that the guys from Yanacocha are quite happy about the results. Humula did´t win.

During the last time all the big mining companies have been quite worried about this :

Rocky Mountain News:

Gold prices are surging to new highs, but shares of Newmont Mining Corp. - the world's No. 2 gold producer - are lagging behind its competitors. (....)

"The main reason for Newmont being an underperformer in the sector is the Peruvian elections,"said Patrick Chidley, an analyst (...) "Ollanta Humala is running for president, and if he is elected, people think Newmont might be negatively affected."

Economist.com

Mr Humala intends to levy the 3% royalty on these projects and also to “review” the stability contracts. He calls for the “nationalisation” of “strategic” sectors, though he is cagey about precisely what this means (not expropriation, he says) or whether it applies to mining.

Intelligence Summit Blog

Gold miners (...) expressed both concern and realism about new investment rules that could be implemented in the next administration. “Of course we are nervous,” Pierre Lassonde, president of Newmont Mining, said when asked about the Peru runoff vote. Nervousness among investors is being fuelled by the recent nationalist actions taken in Bolivia as well as in Ecuador and in Venezuela, whose governments are forcing foreign investors in natural resources to
renegotiate contracts. “This is every foreign investor’s nightmare,
that you invest billions of dollars and all of a sudden you find that
your investment has been nationalised,” said Mr Lassonde.
Newmont has around US$2bn in investment planned for Yanacocha, but its president warned that the company could cancel those plans if the investment climate was not right.

And now also in German (-: : Länder und Märkte

Außerdem zögern die Investoren wegen der Siegeschancen von Ollanta Humala bei der Präsidentschaftswahl im April 2006. Humala erinnert sie mit seiner Rhetorik an die Präsidenten von Venezuela und Bolivien, Hugo Chávez und Evo Morales. Im Bergbau seien "außerordentliche Gewinne" zu besteuern, Verträge mit ausländischen Firmen zu revidieren und der staatliche Anteil am Sektor zu erhöhen.

Here you can find more sources about the Peru Election 2006, including a Interview with Ollanta Humala by Financial Times

"Ollanta Humala, the frontrunner in Peru's presidential elections, has vowed to alter contracts with foreign investors that are currently ex-empt from paying royalties, a move that would affect global miners such as Newmont, BHP Billiton, Phelps Dodge, Falconbridge and Barrick."

Election in Cajamarca

Today: election in Peru... In Cajamarca, where the big gold mine Yanacocha is located, more then 700 policemen will take care of security. The results of this election could be important for the future of the mining industry in Peru.

More Infos about the elections in Cajamarca: prensa virtual

Más de 700 policías brindarán seguridad en Cajamarca durante la segunda vuelta electoral que se realizará es domingo 4, informó hoy el jefe de la región policial, Alfonso Chávarri Estrada.

Choropampa 02. Juni 2000 - 02. Juni 2006

Some minutes ago I got a mail from friends in Peru. 
On the 5 of june 2000, 6 years ago,  happened the big mercury accident in Choropampa. A truck lost 151 kg of mercury and the responsible mining company paid the people to collect it from the street. This people, also children, didn´t have an idea of the danger of mercury and a lot of them still suffer from this tragedy.

According to the Mail, the people of Choropampa are still calling for justice and bether medical aid!

More Infos:

Nodirtygold

It´s working!!!

Well, before I really start to write, I would like to mention the extension Performancing for Firefox. Seems to be a really easy and time saving tool to blog - also for beginners like me.

A new try....

1, 2, 3... does it work already??? Blog-Community, do you listen to me????