Peru digs into a mining boom

Billions of dollars in foreign investments are boosting the country's mining industry.



    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


    YOU MIGHT ALSO LIKE

    Survivor stories from Super Typhoon Haiyan

    Survivor stories from Super Typhoon Haiyan

    The Philippines’ Typhoon Haiyan was the strongest storm ever to make landfall. Five years on, we revisit this story.

    How Moscow lost Riyadh in 1938

    How Moscow lost Riyadh in 1938

    Russian-Saudi relations could be very different today, if Stalin hadn't killed the Soviet ambassador to Saudi Arabia.

    We Are Still Here: A Story from Native Alaska

    We Are Still Here: A Story from Native Alaska

    From Qatar to Alaska, a personal journey exploring what it means to belong when your culture is endangered.