Deal #3132

Location #1

Spatial accuracy level
Administrative region
Location
Apurimac, Perú

Target country
Peru

Land area

Size under contract (leased or purchased area, in ha)
[2014] 35000
Comment on land area
The Bambas project includes the mining concessions of Ferrobamba, Chalcobamba, Sulfobamba and Charcas. The exploration began in 2005.

Intention of investment

Intention of investment
Mining

Nature of the deal

Nature of the deal
Lease
Exploitation permit / license / concession (for mineral resources)

Negotiation status

Negotiation status
[2014] Concluded (Contract signed)
Comment on negotiation status
International Public Bid No. PRI-80-2003

Implementation status

Implementation status
[2014] Startup phase (no production)

Contract farming

Contract farming
No

Contract #1

Contract date
2004-10-01

Operating company

Name of investment project
The Bambas project

 

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Data source #1

Data source type
Government sources
File
Date
2013-01-01

Data source #2

Data source type
Company sources
File
Date
2013-01-01

Data source #3

Data source type
Research Paper / Policy Report
File
Date
2012-12-31

Data source #4

Data source type
Company sources
File
Date
2012-10-04

Data source #5

Data source type
Company sources
File

Data source #6

Data source type
Company sources
File

Data source #7

Data source type
Media report
File

Data source #8

Data source type
Media report
File

Data source #9

Data source type
Media report
File

Data source #10

Data source type
Media report
File

How did the community react?

Community reaction
Rejection
Comment on community reaction
On March 03, 2008, Fuerabamba's Rural Community initiated an unemployment, preventing the revenue of Xstrata's personnel to his communal territory, in order to demand the increase of the wage. On January 10, 2008, Cotabambas's Rural Federation announced an unemployment for the month in March as protest for the managing of the Trust. On March 11, 2008, representatives of Fuerabamba's Rural Community came to the Congress of the Republic to present a series of claims.On March 11, 2008, representatives of Fuerabamba's Rural Community came to the Congress of the Republic to present a series of claims.

Detailed crop, animal and mineral information

Resources area
Copper

Use of produce

Has export
Yes

In country processing of produce

In country processing of produce
Yes

Overall comment

Overall comment
The Bambas project will be a major new projects copper to come on stream in the next five years worldwide.

May 14, 2018, 10:02 p.m.

overwritten

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April 4, 2016, 5:34 p.m.

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April 1, 2013, 5:38 a.m.

overwritten

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Feb. 25, 2013, 6:50 a.m.

active

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