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How much fo you know about Rio Blanco issue, in Piura, Peru?


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How much fo you know about Rio Blanco issue, in Piura, Peru?

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A British company planning to develop a copper mine in Peru, got a takeover offer from a bidder.The offer was at a ``modest premium'' to yesterday's closing share price of 257.5 pence ($5.05)- (Dec22/06)
The company's Rio Blanco project in Peru is one of the world's ``top 10'' copper mines
Monterrico expects the mine to produce 25 million metric tons of ore for at least 20 years, with scope for production to be double that. Source(s): www.rioblanco.com.pe

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