[QODLink]
Americas
Peru digs into a mining boom
Billions of dollars in foreign investments are boosting the country's mining industry.
Last Modified: 22 Dec 2011 15:55



Peru is enjoying a mining boom, with $4.6 billion worth of foreign investments pumped into the industry this year.
The high demand for minerals in Asia has led some countries, notably China, to invest heavily in Peruvian mines.

Some towns, such as Morococha in the central highland region of Junin, have enjoyed better working conditions due to the surge in business.

New projects have met fierce resistance in other parts of the county, however, because locals fear the mines will spoil water supplies.

Mariana Sanchez reports from Morococha, Peru.

Source:
Al Jazeera
Topics in this article
People
Country
City
Featured on Al Jazeera
The story of Egypt's Muslim Brotherhood and its emergence into the political arena after decades of suppression.
People & Power goes undercover to reveal how 'voluntourism' could be fuelling the exploitation of Cambodian children.
Facebook's now-public status may encourage its board and policy staff to respond to privacy, free expression concerns.
Two prominent figures in the American establishment break away from the mould and chastise the GOP - but is it enough?
Spotlight
Latest news and analysis as Egyptians elect first new president in post-Mubarak political era.
In-depth coverage of an escalating regional debate about Iran's geopolitical power and the West.
Violence continues as UN observers are deployed to monitor both sides' compliance with a peace plan.
join our mailing list

Enter Zip Code
Go