Peru suspends permit for Southern Copper's $1.4 billion Tia Maria project
Reuters
Published Aug 09, 2019 06:43PM ET
Peru suspends permit for Southern Copper's $1.4 billion Tia Maria project
LIMA (Reuters) - Peru has suspended a construction permit it recently gave to Southern (NYSE:SO) Copper Corp (N:SCCO) for its $1.4 billion Tia Maria copper project while officials can re-evaluate its legality, authorities announced late on Friday.
In an interview with local broadcaster RPP, Energy and Mines Minister Francisco Ismodes said all five members of a government commission had voted to suspend the license during a review that is under way.
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Written By: Reuters
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