[T]he Peruvian government announced it had selected “independent experts” to review the environmental impact assessment of the massive Mina Conga mining project in the country’s northern Cajamarca province...Local agricultural communities are intensely concerned about the potential negative impact of mining-related pollution on their water sources. Peru’s president Ollanta Humala hopes that this review can help prevent these tensions from degenerating...Peru’s prime minister stated that if the project did not go forward...Peru would be forced to “indemnify enormously” the project sponsor Minera Yanacocha (a joint venture between US-based Newmont and Peruvian miner Buenaventura.) This is an allusion to the possibility that Newmont could bring a case against the Peruvian government under the US-Peru Free Trade Agreement...How [the govt.] handle[s] this project will likely determine their strategy for handling future extractive industry conflicts...[also refers to Doe Run(part of Renco)]