Bloomberg News

Anglo American to Start Quellaveco Mine Construction in 2012

September 15, 2011

Sept. 14 (Bloomberg) -- Anglo American Plc plans to start construction work at its $3 billion Quellaveco copper deposit in Peru next year, country manager Luis Marchese said.

The company is negotiating water rights with the local community for the mine, which may produce 200,000 metric tons a year, Marchese said today at a conference in the southern city of Arequipa. Anglo will also drill 100,000 meters at its Michiquillay copper deposit to define reserves, Marchese said.

To contact the reporter on this story: Alexander Emery in Lima at aemery1@bloomberg.net

To contact the editor responsible for this story: Alexander Emery at aemery1@bloomberg.net


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