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- Title
HACIENDO VIABLE LA MINERÍA PERUANA EL CASO DE MINERA GOLD LAND.
- Authors
Rojas, Adolfo Centeno
- Abstract
Although mining is at present a significant source of foreign currency flows to Peru, it went through times of crisis when metal quotations dropped. Many international mining majors weathered the crises with the financial backing of their parent companies or financial multilaterals, and their operative economies of scale. In the wake of the crisis, some small and intermediate mining companies closed their operations, leaving behind a negative impact of their communities and a degraded environment. Yet, other companies, thanks to the commitment of their shareholders, workers and local banks, introduced a number of initiatives to negotiate the crisis. The story of Gold Land Mining illustrates the case of those companies that managed to survive during very dire times.
- Subjects
PERU; MINERAL industries; INVESTMENTS; FOREIGN exchange; STOCKHOLDERS; GOLD Land Mining (Company)
- Publication
Cuadernos de Difusión, 2007, Vol 12, Issue 22, p180
- ISSN
1815-6592
- Publication type
Article