Lima, Peru | Wednesday 20 August 2008 16:18 | |
Luis Castañeda Lossio is still the frontrunner in the early stages of Peru’s presidential race but he has lost support, according to a poll by CPI. 18.6 per cent of respondents would vote for the current Lima mayor in the 2011 ballot, down 8.3 points since March. Former left-wing presidential candidate Ollanta Humala is second with 16.9 per cent, followed by Keiko Sofía Fujimori—the daughter of former president Alberto Fujimori—with 15.8 per cent. (Angus Reid Global Monitor - click here to read complete article)
In Peru, a state of emergency has been declared in four regions where members of the indigenous community are protesting against government plans to develop part of the Amazon Basin. The protesters have occupied oil and gas installations and are blockading roads. The indigenous groups argue that industrial activities in the Amazon region threaten their homelands. (RNW - click here to read complete article)
Peruvian novelist and politician Mario Vargas Llosa says Barack Obama would make a "magnificent" U.S. president. The prize-winning writer says Obama "represents the American dream," though he also respects rival candidate John McCain. One of Latin America's best known writers, Vargas Llosa ran for Peru's presidency in 1990, but lost to Alberto Fujimori. (AP - click here to read complete article)
Residents of Peru's southern coast took to the streets Friday to protest the government's response to an magnitude-8.0 earthquake a year ago that left tens of thousands homeless. The Aug. 15, 2008 quake killed more than 500 people and destroyed more than 40,000 homes on Peru's southern coast, where many residents still scrape by in tents or makeshift wood huts provided by the government. (AP - click here to read complete article)
Peru's economy, one of the fastest growing in the world, expanded 11.52 percent in June from the same month a year ago, official data showed on Friday, pushed by booming domestic demand and construction sector strength. The result was slightly above the median forecast of 11.4 percent growth in a Reuters survey. (Reuters - click here to read complete article)
The Peruvian and Asia-Pacific Economic Cooperation Forum (APEC) flags fly today at half-mast at Lima's Government Palace in mourning one year after the powerful earthquake that devastated many in the regions of Ica, Huancavelica and Lima.
Warehouse and distribution center for 30,800 metric tons of sulfuric acid is also on its final stages
Doe Run Peru is in the final stages of construction of a new sulfuric acid plant for the lead circuit at its La Oroya metallurgical complex. The plant is expected to be completed by September 30, officials said.
At the same time, work is also nearly done on a new warehouse and distribution center, which will be able to house as much as 30,800 metric tons of sulfuric acid produced at La Oroya.
The lead acid plant is the first of two such plants being built as part of Doe Run Peru’s environmental commitments with the Peruvian government. A second sulfuric acid plant for the Copper Circuit is also under construction and should be completed by October 2009 together with an upgrade of the copper circuit technology.
Edwin Escalante, Doe Run Peru’s commercial manager, said the contracts that are in place for sales of the plant’s future sulfuric acid production, underscore the market’s confidence in the plant’s on-time completion.
Escalante made his comments during a visit to La Oroya by Douglas Cowan and James C. Wilson, representatives of Interacid Trading, which has signed agreements to purchase the future sulfuric acid production that will come from the lead and copper acid plants. Interacid is a world leader in the industry and is involved in the sale of more than 3 million metric tons of sulfuric acid a year.
Escalante said the lead acid plant required an investment of $ 35 million, and that the warehouse and distribution center an additional $ 11 million. He added that the warehouse and distribution center investment is over and above the environmental commitments with the Peruvian State.
About Doe Run Peru
Doe Run Peru is a mining and metals company operating in Peru's central Andes. The company has run the La Oroya metallurgical complex since 1997 and the Cobriza mine in Huancavelica since 1998, producing high quality refined metals while at the same time working to operate in a socially and environmentally responsible way.
Official press release
In an agreement signed between Peru and Russia, it was established the Andean country would invest $106 million in the reparation of a fleet of MIG-29 fighter jets, said Peru's Defense Minister, Ántero Flores-Aráoz.
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