Living in Peru : your everyday companion

Suez pushes Peru natgas pipeline

France's Suez is willing to be flexible over where it builds a natural gas pipeline in Peru and is confident its merger with Gaz de France is on track, a company executive said on Thursday. The energy and water group originally expressed an interest in investing more than $800 million to build a natural gas pipeline linking the Andean country's Camisea field with its southern provinces via the Pacific coast. It would recoup the investment by operating the pipeline. (Reuters - click here to read complete article by Dana Ford)


Chariot Resources on track for Peru feasibility study, despite 'modest' delay

Toronto-based Chariot Resources may need a little extra time to complete a feasibility study on its 70%-owned Mina Justa copper project, in Peru, after “modest” delays in completing an updated mine plan. However, all other key elements of the study, which CEO Ulli Rath said earlier this year would be completed in the second quarter, were progressing on schedule, the firm said in a statement. (Mining Weekly - click here to read complete article by Liezel Hill)


Southwestern sells troubled Boka gold project

Southwestern Resources Corp said on Friday it will sell its scandal-ridden Boka Project to Hong Kong East China Non-Ferrous International Mineral Development Co for $9.4 million, nearly one year after saying it could have much less gold than first reported. In events that echoed the notorious Bre-X gold mining fraud of the late 1990s, Southwestern withdrew previously announced assay results last July because of errors it found in the data. (Reuters - click here to read complete article)