SMM7 September 9-Peruvian Ministry of Energy and Mining said that there is no official news to confirm that the southern copper (Southern Copper) Tia Maria project will obtain a mining license this week.
Peruvian officials say all relevant information will be released through official channels.
But last week, Oscar Gonzalez Rocha, chief executive of Southern Copper, said the company had been hoping that the Peruvian government would license its $1.4 billion Tia Maria project, which is expected to happen this week. "related news-Southern Copper this week won a mining license for the Tia Maria project, one of the largest undeveloped copper mines in the world.
The Tia Maria copper project, located in the Arejipa Arequipa region in southern Peru, is one of the largest undeveloped copper mines in the world, with an ore volume of 641 million tons and a copper grade of 0.39 per cent.
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