May 21, 2024 13:58 GMT
Southern Copper Tia Maria Mining Project Could Start This Year
PERU
- Bloomberg report that Southern Copper Corp. hopes to begin construction as soon as this year at a once fiercely contested copper mine in Peru’s coastal mountains as socio-political tensions ease and authorities get behind the project.
- The project cost is likely to be $500mn more than official $1.4bn estimate
- Mining may begin in the second half of 2027
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