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July auction for La Oroya smelter

Peru will auction the La Oroya smelter and La Cobriza miner in Huancavelica in the central highlands in July as it aims to bring them into production again following the bankruptcy of Doe Run Peru, liquidator Oscar Zapata told delegates at the Mines and Money conference in New York.

July auction for La Oroya smelter July auction for La Oroya smelter July auction for La Oroya smelter July auction for La Oroya smelter July auction for La Oroya smelter

The La Oroya smelter in Peru

The government has established a base value of US$407 million against which participants will bid, although this will be reduced if the auction has to go to additional bidding rounds.