Press release from Leigh Day and Co
20 July 2011
Legal proceedings by 33 Peruvians against UK-based Monterrico Metals PLC have been settled by compensation payments, without admitting liability. The London High Court trial was scheduled for 10 weeks from October with about 80 claimant witnesses. Claimants alleged torture by the Peruvian Police after protesting at Monterrico’s Rio Blanco copper mine (near Ecuador) in August 05.  The mine is owned by Monterrico Peruvian subsidiary, Rio Blanco Copper SA (“RBC”). RBC is owned (through two Cayman companies) by Monterrico.