Articles for tag: expansion, eyes, Nexa, Peru, Resources

March 25, 2024

Ron Finklestien

mining

Nexa Resources looks to broaden horizons in Peru Nexa Resources looks to broaden horizons in Peru

When other enterprises are playing it safe, Nexa Resources is seizing the day, peering across the horizon towards Peru. Following on the heels of Nexa’s audacious declaration in January, earmarking a staggering $58 million for exploration this year, the Brazilian powerhouse affirms its commitment to a long-term vision of replacing and expanding mineral reserves and resources. Nexa’s footprint sprawls across nine strategic locales spread between Brazil and Peru – a potent cocktail of three refineries and six mines. It’s a tapestry that includes the illustrious Cerro Lindo, a stalwart among the top 20 largest zinc mines across the globe. And

January 28, 2024

Ron Finklestien

mining

Chaos Strikes Poderosa Gold Mine as High-voltage Tower Destroyed by Illegal Miners

Repeated Attacks on Vital Energy Infrastructure The destructive force of illegal miners has struck again, leaving Poderosa Gold Mine in dire straits. This recent blow is just one in a series of aggressive attacks that have targeted the mine’s energy infrastructure 11 times in the past year. The unrelenting assault has been described by the mining company as ‘terrorist tactics’ that pose a significant threat to the security of the nation. This latest incident joins a long line of violent clashes. In December 2023, a gang of armed individuals stormed the Poderosa facilities, launching a vicious assault on the company’s