202 203 cerro de pasco The greatest investment of the XXth century 1968 1970 1969 [ October 3 ] General Juan Velasco Alvarado staged a coup and began the “revolutionary government of the Armed Forces”. [ October 9 ] The government orders the nationalisation and takeover of the facilities of the International Petroleum Company in Talara. [ 3rd of June ] Seventeen estates of the company, with the exception of Paria, located in Cerro de Pasco, were transferred to the Agrarian Reform, through Public Deed and witnessed and recorded by the notary public Rolando Rojas of Tarma. The government announces by decree the reasons behind expropriating unexploited mining concessions. Antamina, Chalcobamba, Ferrobamba and Tintaya, belonging to Cerro, are at risk. The year ends with only 3.9 accident frequency rates, the lowest figure recorded until then since 1929. The Canadian firm Joy Manufacturing Company modernises the fume treatment units of the smelter, at a cost of 43 million soles. Timeline 1968/ 1974 1971 1974 1972 [ June 10 ] The Industrial Relations Division in La Oroya is elevated to the category of Department. The National Marketing Company for Inputs-ENCI is created, which monopolises the import and export of inputs and consumer products. [ March 14 ] The Goyllarisquizga camp of the coal mine bearing that name, is closed due to exhaustion of the seams. [ January 1 ] Nationalisation of the Cerro de Pasco Corporation by General Velasco’s regime.
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