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CUU own 25% Schaft Creek: proven/probable min. reserves/940.8m tonnes = 0.27% copper, 0.19 g/t gold, 0.018% moly and 1.72 g/t silver containing: 5.6b lbs copper, 5.8m ounces gold, 363.5m lbs moly and 51.7m ounces silver; (Recoverable CuEq 0.46%)

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Message: Mining projects worth $7.5bn delayed by Peru's environmental authorities
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Insider Buying - Only David MacDonald
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chance97
Jan 11, 2013 08:50AM

Mining investment worth $7.5 billion, corresponding to 135 projects, are stalled in Peru as the country’s environmental authorities linger over the environmental impact assessments (EIAs) submitted last year, reports El Diario.

The president of Peru’s Central Bank (BCR), Julio Velarde, warned last month that private investment in the country’s resource sector was expected to decrease by at least $ 2.9bn between 2013 and 2014 due to the authorities’ delay

He also warned that several mining projects, particularly copper ones, are at risk of being shelved due to processing hassles and social conflicts

http://www.mining.com/mining-projects-worth-7500-million-delayed-by-environmental-authorities-in-peru-79837/?utm_source=digest-en-au-130110&utm_medium=email&utm_campaign=digest

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Icon president Re: Mining projects worth $7.5bn delayed by Peru's environmental authorities
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cuuvette350
Jan 11, 2013 09:13AM
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