Peru minister says $1.4bn Tia Maria mine a “no go”

Peru’s economy and finance minister has cast further doubts about Southern Copper’s (NYSE: SCCO) long-delayed $1.4 billion Tia Maria project, in the southern Islay province of the Arequipa region, by saying he believed the proposed mine was “socially and politically” unfeasible.  “Tía María has already gone through three or four waves of community and governmental attempts...