Shares in Vancouver firm up 12% after parent Rio Tinto and Mongolia sign landmark deal to fund $5 billion underground expansion of giant copper-gold mine.
Arispe and Carrión highlight the mining-friendly government, the new production from many sources and point to several juicy projects that lack only the means to further unlock Peru's mineral riches.
A doubling of mill processing capacity at the CSH Gold Mine in Inner Mongolia is credited for a 51 percent increase in gold production at China Gold International Resources Corp. (TSX:CGG) in the first quarter.
Rio Tinto (ASX:RIO) is reportedly selling its Pacific Aluminum business - a group of smelters in Australia and New Zealand - in a deal potentially valued at $1 billion.
The machine features onboard electronics and sophisticated software algorithms that provide more flexible configuration and more immediate communication.