Copying and distributing are prohibited without permission of the publisher

Doe Run Perú set to close after failing to restart La Oroya

July 29, 2010 - 15:39 GMT Location: São Paulo

Doe Run Perú is now subject to Peru’s mine closure law having failed to comply with law 29410, which last year gave it ten months to restart its La Oroya polymetallics smelter, the country’s mining ministry said.

Activities at La Oroya should have resumed on Tuesday July 27. The company also failed to present a series of documents proving it has assured financing and supply of ore concentrates and that it has concluded deals with its creditors. Governmental technicians were sent to La Oroya and confirmed activities had not been resumed by the deadline, the ministry said. “This non-compliance of the company...

All material subject to strictly enforced copyright laws. © Euromoney Institutional Investor PLC.

Please log in using your online subscriber details.
Your username will be your registered email address with Metal Bulletin.

If you aren't a subscriber yet, feel free to take a seven day free trial, or subscribe using the instructions below.

A standard subscription include one year's worth of news and prices. You can also upgrade to the full archive and benefit from more than 13 years of intelligence. Start your subscription today.

Free trial

Taking a free trial will give you open access to Metal Bulletin online news, prices, archived content and email alert service for the next seven days. Start your free trial today.

Free trial

Already have an account?

Copper

Feb 11, 2012 00:00 US trade deficit widens with China
Feb 10, 2012 17:25 MEIR ON METALS: Don’t break out the ouzo just yet
Feb 10, 2012 15:42 Minmetals’ acquisition of Anvil a step closer to completion
Feb 10, 2012 13:50 Base metals prices fall in LME officials on renewed Greek woes
Feb 10, 2012 11:52 HOTLINE: Albanese waives bonus – who’s next?

Comment & analysis

LORD COPPER: Glencore-Xstrata will be a merger of more-than-equals

Glenstrata, X-Core, Davenberg, Mivan? Whatever the result of the Glencore-Xstrata merger is to be called, finding a name is an inevitable step after the IPO.
COMMENT: Glenstrata still has to break the mould

The news that Glencore and Xstrata are in merger talks would only come as a surprise to someone living under a rock, and only then if said rock did not contain any valuable minerals. But now that talks of a tie-up of the world’s largest metals trader and its fourth largest miner have finally moved into the boardroom, hypothetical questions have become real, and the answers are far from certain.
APEX FULL YEAR 2011: Base metal forecasts: astounding accuracy

Astounding upon astounding: that is how the 2011 leaderboard for Apex, the Metal Bulletin service that tracks the performance of over twenty top base metal price forecasters, appears when you consider it coldly.