Peru Hopes New Owner of Las Bambas will Keep Xstrata Development Plans

Bloomberg reported that Peru expects that the eventual buyer of  the Xtrata owned  Las Bambas project, that was put up for sale after the Glencore takeover, will stick to Xstrata’s original development plans.

As quoted in the Bloomberg report:

We are very happy with the quality of the investment and the standards… that have been developed by Xstrata,” Jorge Humberto Merino Tafur, Peru’s minister for mines said on the side of conference promoting Latin American mining projects.

To view the whole Bloomberg report, click here.