News
23 February 2018

Southern Copper wins Peru's Michiquillay mining auction

In:
Metals and Mining
Region:
Americas

US-based mining company Southern Copper has submitted the best bid for the Peruvian Michiquillay copper-gold-silver-molybdenum project run by the state investment promotion agency ProInversion. The winning offer of $400 million for the property plus a 3% royalty beat Milpo into second place. Seven...

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