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Illegal blockade resumes at Lupaka's Invicta gold project

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Illegal blockade resumes at Lupaka's Invicta gold project

Access to Lupaka Gold Corp.'s Invicta gold project in Peru is restricted again after the local Paran community abandoned negotiations and resumed an illegal blockade, the company said March 21.

The community, which ended illegal demonstrations over a land conflict earlier this month, had agreed to participate in talks with the company.

However, Lupaka said the president of Paran "abruptly left" the dialogue table and resumed the blockade. Paran demanded that all of the mine's social and economic benefits should go exclusively to the community. Lupaka said it could not meet the demands as they contradict the company's existing agreements with other communities.

Lupaka said it proposed alternatives, including investment strategies, but Paran stood its ground. The company said it reported Paran's actions to the authorities and remained open to negotiations.

The blockade prompted the company to slash its workforce in Peru.