MINER'S RIGHT

The one that got away

Every fisherman remembers the one that got way, and generally exaggerates its size when talking about it but, in the case of Glencore and the Las Bambas copper project, it really is a tale of a whopper which in hindsight looks ever bigger than when it was first hooked.

Still fishing: Glencore may rue letting go of an asset that may prove irreplaceable (image: Jason Rogers)

Still fishing: Glencore may rue letting go of an asset that may prove irreplaceable (image: Jason Rogers)

Located in the Apurimac region of southern Peru, Las Bambas is the latest in a series of giant copper projects that have elevated Peru to a point where it might one day rival Chile as the world’s biggest...

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