By Dolia Estevez
Fifty days of protests against the $1.4 billion Tía María copper mining project in southern Peru forced Grupo Mexico , owned by Mexican mining billionaire German Larrea Mota Velasco, to call for a two-month truce, Peruvian and Mexican media reported.
Oscar Gonzalez Rocha, CEO and President of Southern Copper, a subsidiary of Grupo Mexico, announced Friday a 60-day “pause” on the Tía María project to allow the parties involved to present “their concerns and fears, identify solutions, agree on a path to move forward and define responsibilities that all must assume in a reasonable time,” EFE reported from Lima.
Carlos Galvez, president of Peru’s National Society of Mining, Petroleum and Energy (SNMPE), a non-profit business association, supported the truce. “No project can be imposed by force; a truce would be the most appropriate,” said Galvez, according to Mexico’s El Economista.