| Local activists occupy Minera IRL's gold mine in Peru, shares slide | |
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LIMA, Sept 7 (Reuters) - Community protesters halted operations at Minera IRL Ltd's Corihuarmi gold mine in the Peruvian Andes after taking over key installations over the weekend, the company said Monday. The miner's London shares dropped 10 percent after the announcement. IRL did not specify in a statement what protesters were demanding. Company officials planned to meet with representatives of the town of Atcas on Monday to negotiate a solution. IRL produced 23,321 ounces of gold from Corihuarmi last year. The miner has also been struggling with community relations near its Ollachea exploration gold project in southern Peru. Locals there withdrew their support for Ollachea last month after management changes triggered fears the company would not follow through with commitments to provide benefits to nearby communities. (Reporting By Mitra Taj Editing W Simon)
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Minera IRL
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PRODUCER |
CODE : MIRL.L |
ISIN : JE00B1HNYF12 |
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ProfileMarket IndicatorsVALUE : Projects & res.Press releasesAnnual reportRISK : Asset profileContact Cpy |
Minera IRL is a gold producing company based in Peru. Minera IRL develops gold and silver in Argentina and in Peru, and holds various exploration projects in Peru. Its main asset in production is CORIHUARMI in Peru, its main assets in development are GOLDEN ZONE PROPERTY in Peru and DON NICOLAS in Argentina and its main exploration properties are PAN DE AZUCAR, DUTCH FLAT, WINNEMUCCA MOUNTAIN, AWAKENING, CHERT CLIFF, SUMMIT PROJECT, ESCONDIDO and EAST SANTA CRUZ in Argentina, CATA PRETA, OVERLAND PASS, SCRAPER, WHITE CANYON MINE, SOUTH ESTELLE, UTAH CLIPPER, CRESTVIEW, LAURA PROPERTY, WHITE HORSE NORTH, RED HILLS PROPERTY, PETE'S SUMMIT, GUILD PROJECT, CLARA MORO and FOUR METALS PROPERTY in Brazil, HUAQUIRCA, VECA PROJECT, BETHANIA, OLLACHA and QUILAVIRA in Peru, FRONTERA in Chile and OXFORD LAKE, COTE ARCHIE LAKE, BOLO and DEL ORO in Canada. Minera IRL is listed in Canada and in United Kingdom. Its market capitalisation is GBX 809.0 millions as of today (US$ 1.2 billions, € 1.1 billions). Its stock quote reached its highest recent level on January 07, 2011 at GBX 96.00, and its lowest recent point on August 28, 2015 at GBX 0.25. Minera IRL has 231 130 000 shares outstanding. |