Comments on: Yanacocha mine in Cajamarca http://enperublog.com/2008/01/31/yanacocha-mine-in-cajamarca/ All you could ever want to know about Peru Sun, 26 Feb 2023 22:03:16 +0000 hourly 1 By: Stuart Starrs http://enperublog.com/2008/01/31/yanacocha-mine-in-cajamarca/comment-page-1/#comment-224 Sat, 26 Jul 2008 02:48:24 +0000 http://enperublog.com/?p=866#comment-224 Peruvians have a knack for thinking in the ultra-short-term. All that unnecessary stuff provided immediate jobs and quick payment to locals. In the end though, when the gold runs out, what is left?

]]> By: Giancarlo http://enperublog.com/2008/01/31/yanacocha-mine-in-cajamarca/comment-page-1/#comment-223 Sat, 26 Jul 2008 02:48:02 +0000 http://enperublog.com/?p=866#comment-223 Hard to say where the responsibility lies: Yanacocha pays lots and lots of money in taxes (both to the central and local governments), but this is not well spent. Yes, the mine should do its best to help develop the neighboring communities, but the government shouldn’t be spending all the tax money in renewing the Plaza de Armas and other non-necessary stuff.

(In the end people is just going to say: “the mine earns so many billions of dollars but we are as poor as we were before…”)

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