Article: Peru: Cormin to operate Imex-Callao.

Peru, Aug 21, 2001

Cormin (Consorcio Minero) yesterday succeeded in Centromin's auction for the Imex-Callao mineral deposit situated near the Callao port. Imex-Callao is located over an area of 76,000 m2 and will be operated by Cormin on a 30-year concession basis. Cormin submitted a bid of US$1mil for Imex-Callao's assets, plus quarterly instalments worth US$221,500. The consortium teamed by Unimar and Universal Maritima ...

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