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article imageTorrential rains disrupt mineral transport from Peruvian mines

By Karen Graham     Mar 21, 2017 in Business
Lima - The torrential rains from Peru's coastal El Nino conditions have not only caused the deaths of over 70 people and left thousands more homeless, they have also brought central Peru's mining industry to a standstill.
Central Peru accounts for more than one-fifth of the country's metals production, according to the National Society of Mining, Petroleum and Energy (SNMPE). But the heavy rains of the last few weeks have disrupted rail transport from the central region to the Pacific coast, according to Reuters.
Vice President and Transport Minister Martin Vizcarra said on Monday it could take 15 or more days to repair the rail lines. Right now, the country is working with the mining companies to find alternative routes, said Vizcarra.
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Speaking to local radio station RPP, Vizcarra said at least one kilometer of the rail line was destroyed by flooding from the Rimac river on the outskirts of Lima. "This railway was attached to the river bank," said Vizcarra, according to Nasdaq. "We need the river flow, which is rising, to recede, and that will not happen in less than 15 days. Then, we will be able to install the line."
The central region is home to Chinalco Mining Corp's 300,000 ton-per-year Toromocho copper mine, Volcan Compania Minera's zinc and silver mines and precious metals mines owned by Compania de Minas Buenaventura. An SNMPE spokesman said that right now, the warehouses at Peru's El Callao port have enough supplies to fill orders for about 30 days.
The world-class mining district of Morococha covers an area of about 70 square kilometers in the Wes...
The world-class mining district of Morococha covers an area of about 70 square kilometers in the Western Cordillera of central Peru. The central part of the district is dominated by the giant Toromocho porphyry Copper- molybdenum deposit.
University of Geneva - Earth and Environmental Sciences
However, the director of corporate affairs at Chinalco's Peruvian affiliate, Alvaro Barrenechea, said that the company would be affected if the rail line isn't fixed within the month. "I expect the situation will improve in 10 days," he said, according to Mining Weekly.
According to Digital Journal on Sunday, Dimitri Gutierrez, a scientist with Peru's El Nino committee, the country is in for at least another month of torrential downpours as the local El Nino phenomenon will likely continue along Peru's northern coast at least through April.
More about Peru, mineral mining, rail transport, central peru, destroyed rail line
 
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