Peru's Buenaventura seeks partner for arsenic copper project

Buenaventura, a leading Peruvian miner, will look for a partner to develop a plant that reduces the arsenic level in copper, the firm's chief executive said on Tuesday.

The company plans to locate the installation next to its existing Rio Seco manganese plant in the Peruvian province of Huaral, Buenaventura CEO Victor Gobitz said at a mining conference in Santiago, the Chilean capital.

"We have the space, and we're obtaining all the licenses and permits to have an arsenic copper plant in the future," he said in a presentation.

"It's a great technical and financial challenge," he added. "As part of the strategy of Buenaventura, we're going to work formally to look for partners in the development of this project."

Gobitz neither gave information on how long it could take to construct the plant nor its possible cost.

(Reporting by Fabian Cambero; Writing by Gram Slattery; Editing by W Simon)