Article: Peru : Pacasmayo starts prefeasibility work at Bayovar deposits.

Byline: pinto03

Peruvian cement company Cementos Pacasmayo has begun prefeasibility studies on the Bayovar non-metallic mineral deposits it won in a 2007 privatization process, a company official told BNamericas.

In October, Pacasmayo created subsidiary Fosfatos del Pacifico (Fospac) to handle the development of the Bayovar deposits. Pacasmayo will hold 14.2mn shares in Fospac, and compatriot Cementos Selva will have 1,000 shares, Pacasmayo said in a statement.

The company official could not provide further details on the status of the projects or when prefeasibility work could wrap up.

Fospac will focus on all types of metallic and ...

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