IFC BACKS CANADIAN COPPER VENTURE IN PERU
April 1st, 2010
BY KEITH NUTHALL
THE INTERNATIONAL Finance Corporation (IFC), of the World Bank, is to buy CDN$7.5 million of equity in Canadian-owned Antares Minerals Inc to back a copper exploration project in Peru, where it plans to establish a mine. The money will fund pre-feasibility studies, plus environmental and social programmes and assessments for Toronto area-based Antares' Haquira project, in a remote part of the Apurimac region, southern Peru. Antares CEO John Black said: "This additional investment by IFC will enable us to aggressively proceed with ...
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