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Bear Creek Looks to Resolve Peru Dispute By End of Year

Written by Investing News Network
|
May. 01, 2012 05:32PM PST

Bloomberg reported that Bear Creek Mining (TSXV:BCM) is working to end a dispute with Peru over the development of its Santa Ana silver deposit.

Bloomberg reported that Bear Creek Mining (TSXV:BCM) is working to end a dispute with Peru over the development of its Santa Ana silver deposit.

As quoted in the market news:

Bear Creek may agree to give local communities 2 percent to 3 percent of net profit from the deposit as part of a deal to restore its rights to build and operate the mine, Chief Executive Officer Andrew Swarthout said in an interview in Toronto today.

Click here to read the full Bloomberg report.

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