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Last Updated: Friday, 22 July, 2005, 10:05 GMT 11:05 UK
Armed gang raids Peru gold mine
By Hannah Hennessy
BBC News, Lima

Armed robbers in Peru have shot dead two people and stolen more than $1m (�570,000) of gold and silver from a mine in the south of the country.

At least two more people were shot and injured during the attacks on the Tucari mine.

The mine was raided by at least 12 people, who also kidnapped the superintendent and head of security.

Workers say the robbers stole around 30 bars of dore, a gold and silver mix worth an estimated $1.2 million.

This attack is potentially very damaging for Peru which is one of the world's biggest gold producers.

Until now, co-ordinated attacks such as this have been virtually unheard of and experts fear this could affect foreign investment in Peru and in turn the country's economy, which relies so heavily on the rising price of gold.

The Department of Puno, where the Tucari mine is located, is one of the poorest and most politically volatile areas of Peru and has seen a wave of social unrest in recent years.


SEE ALSO:
Gold mine sparks battle in Peru
01 Jun 05 |  Business
Gold mine fails to glitter in Peru
03 Dec 03 |  Americas
Country profile: Peru
30 Jun 04 |  Country profiles


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