Currently viewing Global edition

South32 takes on Inca option

South32 has agreed to fund a US$275,000 geophysical survey at Inca Minerals’ (ASX: ICG) Greater Riqueza project in Peru in return for an exclusive option to potentially acquire majority ownership of the project, or the rights to match any future offer.

South32 takes on Inca option South32 takes on Inca option South32 takes on Inca option South32 takes on Inca option South32 takes on Inca option

Peru is a major mining jurisdiction

The big diversified metals and mining company already has operations in South America, comprising its Cerro Matoso nickel operation in Colombia and an alliance with Australian minnow AusQuest to