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HudBay Seeks Partner to Help Build $1.55 Billion Peruvian Mine
Nov. 21, 2012 08:49AM PST
Base Metals Investing
Bloomberg reported that HudBay is seeking a partner to build $1.55 billion mine in Peru so that they can have capital available to fund other projects.
Bloomberg reported that HudBay is seeking a partner to build a $1.55 billion mine in Peru so that they can have capital available to fund other projects.
As quoted in the market report:
HudBay, which has $1.5 billion in cash, aims to line up a second Peruvian copper project once production starts at Constancia in the southern Andean region of Cuzco, Meagher said. HudBay is also studying gold and copper properties in Colombia and Chile respectively, he said.
