https://newsletter.mw.creamermedia.com
flotation|Projects|Resources
flotation|Projects|Resources
flotation|projects|resources

Cerro de Pasco sells Santander mine

4th September 2024

By: Creamer Media Reporter

     

Font size: - +

CSE-listed Cerro de Pasco Resources (CDPR) on Tuesday announced the sale of its Santander mine to a Peruvian investment company controlled by Finanzas e Inversiones Corporativas (FIC).

FIC specialises in managing alternative and distressed investments across various industries.

“The sale of the Santander mine aligns with our strategy to focus on reducing corporate debt,” explained CDPR CEO Guy Goulet.

“We thank the Santander team for their commitment and dedication, and we wish them success in executing the projects we have developed together.”

CDPR acquired Santander in late 2021. In June 2023 the operation underwent curtailment due to macroeconomic pressures affecting the zinc price. The assets include a 2 500 t/d sulphide milling and flotation plant.

Edited by Creamer Media Reporter

Comments

Showroom

Rittal
Rittal

Rittal is a world leading provider of top-quality integrated systems for enclosures, power distribution, climate control, IT infrastructure and...

VISIT SHOWROOM 
Rentech
Rentech

Rentech provides renewable energy products and services to the local and selected African markets. Supplying inverters, lithium and lead-acid...

VISIT SHOWROOM 

Latest Multimedia

sponsored by

Photo of Martin Creamer
On-The-Air (15/11/2024)
15th November 2024 By: Martin Creamer
Magazine round up | 15 November 2024
Magazine round up | 15 November 2024
15th November 2024

Option 1 (equivalent of R125 a month):

Receive a weekly copy of Creamer Media's Engineering News & Mining Weekly magazine
(print copy for those in South Africa and e-magazine for those outside of South Africa)
Receive daily email newsletters
Access to full search results
Access archive of magazine back copies
Access to Projects in Progress
Access to ONE Research Report of your choice in PDF format

Option 2 (equivalent of R375 a month):

All benefits from Option 1
PLUS
Access to Creamer Media's Research Channel Africa for ALL Research Reports, in PDF format, on various industrial and mining sectors including Electricity; Water; Energy Transition; Hydrogen; Roads, Rail and Ports; Coal; Gold; Platinum; Battery Metals; etc.

Already a subscriber?

Forgotten your password?

MAGAZINE & ONLINE

SUBSCRIBE

RESEARCH CHANNEL AFRICA

SUBSCRIBE

CORPORATE PACKAGES

CLICK FOR A QUOTATION







sq:0.405 0.489s - 143pq - 2rq
Subscribe Now