Latin-IQ Operational Risk Report Focuses on Mining, Energy Issues in Peru, Colombia and Ecuador

Latin-IQ, a business intelligence company specialised exclusively in Latin America, has sent us a copy of its weekly Operational Risk Report, which examines and analyses risks to assets and personnel in the five Andean countries of South America. It’s focused on the mining and energy sectors, and related industries. Andy Webb-Vidal, Latin-IQ’s CEO, has provided us with the summary below of this week’s issue. Our members can also get a special free trial to the report by contacting Andy directly.

In this week’s issue of the Latin-IQ Operation Risk Report, we report on the local protests that are resuming against mining companies operating in Peru’s northern region of Cajamarca, as well as demonstrations against miners elsewhere in the country. We also note that moves are afoot in Colombia that could affect mining in the Paramo de Santurban natural park. In our energy section, we analyse the latest developments in Ecuador in relation to the controversy over oil and the Yasuni National Park; explain why indigenous groups are angry over oil exploration in Peru’s Amazonian region; and note what impact the labour strike had in Colombia. And finally in the report’s security section, we look at the main crime issues in the Andean region.

Canadian companies cited in this week’s report include: Barrick Gold, Braeval Mining, Continental Gold, EcoOro Minerals, Galway Gold, Hudbay Minerals, Pacific Rubiales, Parex Resources, Petrominerales, Rubgy Mining, Sulliden Gold, Talisman Energy and Teck. Other firms mentioned include Antamina, BHP Billiton, Buenaventura, Ecopetrol, Equion, GlencoreXstrata, Gold Fields, Maurel et Prom, Minera Coimolache, Mitsubishi, Newmont Mining, Pacifico Minerals, Perenco, PetroOriental/Andes Petroleum Company, Rio Tinto, Southern Copper, Vale, and Zuari Industries.

Andy Webb-Vidal can be emailed directly at awv@latin-iq.com.