Peru’s Volcan Compañía Minera S.A.A., world’s No. 4 producer of zinc and silver is planning to invest up to $250 million for expansion and exploration. Volcan’s General Manager Jose Herrera is quoted saying: “We see investment in 2010 at between $200 million and $250 million … to upgrade the (Cerro de Pasco zinc-silver) mine, explore, [...]
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Thursday, August 6, 2009
Zinc companies in Peru, the world’s third-leading producer, will look to sell more concentrates overseas after the government said smelter Doe Run Peru may file for bankruptcy. For full story, click here
Continue reading "Doe Run Peru’s Possible Bankruptcy will Spur Overseas Zinc Sales"
Tuesday, June 2, 2009
Peru’s stock market indexes soared Monday, lifted by surging mining companies and a sharp gain in various blue-chip shares, following the gains on Wall Street. For full story, click here
Continue reading "Peru’s Stock Market Indexes have soared high on miners"
Wednesday, May 6, 2009
Peru, a leading global metals exporter has seen its copper and zinc outputs dip in March from the same month a year ago, while gold and silver production surged. For full story, click here
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Friday, April 3, 2009
Doe Run Peru is reported to have reached an agreement with suppliers to resume operations after banks halted funding to the lead and zinc refiner. For full story, click here
Continue reading "Doe Run Peru reaches loan accord with suppliers in Peru"
Friday, March 20, 2009
Renco Group Inc.’s Doe Run Peru unit, the country’s fourth-largest exporter reported shutdown of its zinc- and lead-processing plants after a group of banks froze its accounts last month, curtailing the nation’s metal supplies. Luis Castillo, general secretary of the Mining Federation, said: We will meet with Energy & Mines Ministry officials to find out [...]
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Wednesday, March 18, 2009
Brazilian conglomerate Votorantim announced that it is moving ahead with plans to expand its Cajamarquilla zinc refinery in Peru despite low global metal prices. For full story, click here
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Monday, March 2, 2009
By Leia Michele Toovey- Exclusive to Zinc Investing News Positive sentiment that spread through the markets during the week edged up most of the base metals. The U.K. benchmark FTSE 100 Index jumped 0.9 per cent and Japan’s Nikkei 225 Stock Average closed 2.7 per cent higher in Tokyo. Pessimistic data still came out of [...]
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Wednesday, December 3, 2008
Peru’s government approved a law that changes how mining royalties are distributed in the Andean country, a major minerals producer, where protests over the rule have flared in recent months. Peru is the world’s second-largest producer of zinc. For full story, click here
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Wednesday, November 26, 2008
Peru’s government approved a law that changes how mining royalties are distributed in the Andean country, Peru is the world’s second-largest producer of zinc. For full story, click here
Continue reading "Royalties distribution law approved in Peru"
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Friday, May 21, 2010