children of an idle brain

The 11th Peru Gold Symposium

Today marks the start of Peru’s “International Gold and Silver Symposium” event, now in its 11th incarnation, which is basically a three day (read ‘two night’) bunfest for the gold industry. Local and international mining bigwigs talk, round tables are rounded, politicians are listened to with respect, pisco sours are quaffed.
However, this humble scribe wonders whether anyone at the bash will tackle the real elephant in the room rather than go for the “oh aren’t we wonderful” platitudes of always. As noted yesterday, Peru’s gold mining industry is in sharp decline and at least part of the blame must be taken by the people who haven’t managed to add new mines, letting production figures decay as a result. 

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