Anglo-Swiss mining group Xstrata’s board has approved an investment of US$1.47bn to develop the Antapaccay copper project as a brownfield expansion to the Tintaya red metal mine in southern Peru’s Cuzco region. Peruvian authorities recently approved the project’s EInvironmental Impact Statement.
See http://www.bnamericas.com/news/mining/Xstrata_approves_US*1,47bn_Antapaccay_copper_project/195034239.