TECK - Mining Milestone: Peru Gives Nod To Expansion Of Key Copper Zinc Mine | Benzinga
Peru has given the greenlight for a $2 billion expansion at the Antamina copper and zinc mine.
One of the largest Peruvian mines boasts ownership from prominent companies such as Glencore PLC (OTCPK: GLCNF), BHP Group Ltd (NYSE:BHP), Teck Resources (NYSE:TECK) and Mitsubishi Corporation (OTCPK: MTSUY) and provides a significant contribution to Peru's economy and global copper supply.
The expansion project, approved through a Modification of the Environmental Impact Study (MEIA), aims to extend the mine’s productive lifespan from 2028 to 2036.
"The MEIA is an important milestone for Antamina and the Peruvian mining industry, and reaffirms our commitment to the country and the Ancash region,” said Victor Gobitz, CEO of Compañía Minera Antamina, the mine's operator.
“This approval broadens our horizon ...