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27 Jan
00:00

Zibo Hongda secures approval for Peruvian iron ore mine

China’s Zibo Hongda Mining has secured the necessary environmental clearances from the Peruvian government to start construction of its 41 million tonnes/year iron ore mining project in the country, according to the China Securities Journal. The delayed $1.71 billion project, which also contains copper and gold reserves, will now start production in 2019, Hongda says. The project was originally costed at $1.5bn and was due to start in 2016, Kallanish notes. …
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