Golden Harmony: A study on the coexistence of artisanal and small-scale gold miners and processing plants to mitigate mercury use in Peru

Abstract

This Master’s project focuses on describing Dynacor's business model, a Canadian Mining Company operating in Peru through its subsidiary Veta Dorada, in line with the ore-selling coexistence model proposed by authors Veiga and Fadina in the paper “A review of the failed attempts to curb mercury use at artisanal gold mines and a proposed solution.” This paper is based on fieldwork carried out in December 2023 in the Arequipa Region of Peru. It describes Dynacor’s business model, identifies its strengths and attractiveness in the Artisanal and Small-Scale Mining industry, and provides recommendations for the business's long-term sustainability. This Master’s Project stemmed from Duke’s Bass Connections Impacts of Artisanal Gold Mining Project, and the fieldwork was possible thanks to Duke University’s Center for Latin American and Caribbean Studies and the Dynacor Group.