{"id":1093975,"date":"2019-01-13T17:15:36","date_gmt":"2019-01-13T17:15:36","guid":{"rendered":"http:\/\/www.mining.com\/?p=963271"},"modified":"2019-01-13T17:15:36","modified_gmt":"2019-01-13T17:15:36","slug":"buenaventura-facing-stoppage-at-uchucchacua-mine","status":"publish","type":"post","link":"https:\/\/juniorminingnews.com\/?p=1093975","title":{"rendered":"Buenaventura facing stoppage at Uchucchacua mine"},"content":{"rendered":"<p>Peruvian company Buenaventura (NYSE: BVN; Lima Stock Exchange: BUE.LM) has been dealing in the past week with a worker strike at its silver-zinc-lead Uchucchacua mine, located in the central Oy\u00f3n province.<\/p>\n<p>In a <a href=\"http:\/\/www.buenaventura.com\/assets\/uploads\/reportes_de_prensa\/2019\/7ffffd405126838b9b165b3620a85868.pdf\" rel=\"noopener\" >statement<\/a>, management said the action was sparked by the company&#8217;s decision to dismiss certain contracted employees, as they completed the work their companies were hired to do. <\/p>\n<p>But on January 9, 2019, the Contractors\u2019 Union at Uchucchacua decided to start a strike action alleging grievances by the dismissed workers and also &#8220;unsuitable working conditions.&#8221; <\/p>\n<p>Despite such accusations, the strike was deemed illegal by Peruvian Labour Authority. Thus, the miner says it is making efforts to resolve the situation as soon as possible.<\/p>\n<p>The Uchucchacua mine, which started operations in 1975, has had an annual production of about 16 million ounces of silver in recent years. The site is no stranger to protests and stoppages. Back in 2017, people from the nearby Oy\u00f3n community <a href=\"http:\/\/www.mining.com\/land-use-conflict-suspends-buenaventuras-silver-mine-peru\/\" rel=\"noopener\" >caused disruption<\/a> as they demanded compensation for land use.<\/p>\n<p>Buenaventura is the largest publicly-traded precious metals mining company in Peru with some 17 assets across the country and an important 43.65% stake in the <a href=\"http:\/\/www.mining.com\/newmont-sells-stake-in-yanacocha-gold-mine-to-japans-sumitomo-for-48-million\/\" rel=\"noopener\" >Yanacocha<\/a> gold mine, where it has a partnership with Newmont and Sumitomo. <\/p>\n<p>The post <a rel=\"nofollow\" href=\"http:\/\/www.mining.com\/buenaventura-facing-stoppage-uchucchacua-mine\/\">Buenaventura facing stoppage at Uchucchacua mine<\/a> appeared first on <a rel=\"nofollow\" href=\"http:\/\/www.mining.com\/\">MINING.com<\/a>.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Contracted workers are alleging unsuitable working conditions.<\/p>\n<p>The post <a rel=\"nofollow\" href=\"http:\/\/www.mining.com\/buenaventura-facing-stoppage-uchucchacua-mine\/\">Buenaventura facing stoppage at Uchucchacua mine<\/a> appeared first on <a rel=\"nofollow\" href=\"http:\/\/www.mining.com\/\">MINING.com<\/a>.<\/p>\n","protected":false},"author":42,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"site-sidebar-layout":"default","site-content-layout":"","ast-site-content-layout":"","site-content-style":"default","site-sidebar-style":"default","ast-global-header-display":"","ast-banner-title-visibility":"","ast-main-header-display":"","ast-hfb-above-header-display":"","ast-hfb-below-header-display":"","ast-hfb-mobile-header-display":"","site-post-title":"","ast-breadcrumbs-content":"","ast-featured-img":"","footer-sml-layout":"","theme-transparent-header-meta":"","adv-header-id-meta":"","stick-header-meta":"","header-above-stick-meta":"","header-main-stick-meta":"","header-below-stick-meta":"","astra-migrate-meta-layouts":"default","ast-page-background-enabled":"default","ast-page-background-meta":{"desktop":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center 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