Living in Peru : your everyday companion

Peru, Brazil to build $2 billion hydroelectric plant

Peru and Brazil are planning to build a US$2 billion (€1.3 billion) hydroelectric plant near their border in Peru's southeastern jungle. Peru's Ministry of Energy and Mines said in a statement Monday that the plant will have a capacity of 1,400 megawatts. A joint Peruvian-Brazilian company will begin feasibility studies for the project this month. (AP - click here to read complete article)


Brazil, Peru to build 1,400 MW power dam -minister

Brazil and Peru have agreed to build a hydroelectric plant in Peru with a 1,400 megawatt capacity and are mulling 14 more power dam projects there, Brazilian Energy Minister Edison Lobao said on Monday. Lobao told reporters the bulk of the energy from the planned dams will be sent to Brazil, Latin America's largest country, which is living a period of strong economic growth. (Reuters - click here to read complete article)


Alturas Minerals reports drill results

Alturas Minerals Corp. reported assay results from a 4,709 meter reverse circulation drilling program recently completed at its 100% owned Banos del Indio in southern Peru. The program comprised 18 widely spaced holes drilled to depths of between 169 and 350 meters, targeting multiple combinations of geochemical, geophysical (high resistivity) and structural anomalies in the Honguitos, Llaurimorco and San Benedicto epithermal centers. (Metal Markets - click here to read complete article by Tara Malhotra)