Cerro Verde, a Freeport-McMoRan Company, Supports Agricultural Development

May 26, 2017 /3BL Media/ -- Cerro Verde has supported the Promotion for Agricultural Development Project in surrounding communities near its operations in Arequipa, Peru. The program benefits the farmers of Tiabaya, Uchumayo, Yarabamba, La Joya and Hunter.

The Promotion for Agricultural Development Project started in 2012 with the aim of improving the quality and quantity of agricultural and animal yields to increase the economic income of local farmers.

Cerro Verde has invested over $1,000,000 in the programs since its inception. Programs include training in innovative agricultural industrial methods, demonstration plots and farms, health campaigns and vaccinations for cattle, supply chain management training and instruction on production tools and technique for international markets.

The farmers that participate in the program have increased their cost effectiveness of the crops and lowered production costs. They are producing organic products which has opened up access to new markets. Almost 1,000 farmers in five districts have benefited directly from the program.

Cerro Verde promotes the creation, improvement and development of micro and small enterprises through its various programs.

For further information about Freeport-McMoRan’s community investments, please see fcx.com.

Please see the 2015 Working Toward Sustainable Development Report for more information on all of their social, economic and environmental efforts.