Southern Copper and Buenaventura Move Forward With $1 Billion Tantahuatay Gold and Copper Project in Peru, an Industrial Info News Alert

• Press Release
• Source: Industrial Info Resources
• On 6:00 am EST, Friday December 5, 2008

CORDOBA, ARGENTINA--(MARKET WIRE)--Dec 5, 2008 -- Researched by Industrial Info Resources (Sugar Land, Texas) -- Compania Minera Coimolache SA (Lima, Peru), a joint venture formed by Southern Copper Corporation (NYSE:PCU - News) (Phoenix, Arizona), Compania de Minas Buenaventura SA (NYSE:BVN - News) (Lima) and Espro SA (Lima), is moving forward with the $1 billion Tantahuatay gold and copper project in Peru. The project is located about 50 kilometers northwest of Cajamarca in northern Peru.

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