Cerro de Pasco Resources Secures Funding Agreement with US DFC for Quiulacocha Project in Peru
Cerro de Pasco Resources has signed a funding agreement with the US International Development Finance Corporation (DFC) for up to $5 million for the Quiulacocha tailings reprocessing project in Peru. DFC is also evaluating up to $300 million in long-term loan financing for the project's construction. The project aims to recover silver, base metals, gallium, and indium, crucial for technology applications. Key activities include drilling, feasibility studies, and environmental assessments.
Theia Market Signal Identification - AI Assisted
Cerro de Pasco Resources has entered a funding agreement with the US International Development Finance Corporation (DFC) for up to $5 million to support the Quiulacocha tailings reprocessing project in Peru. DFC is also considering providing up to $300 million in long-term loan financing for construction.
The project will recover silver, base metals, gallium, and indium. Under the agreement, Cerro de Pasco will conduct sonic drilling, geotechnical studies, feasibility studies, and prepare an environmental and social impact assessment.
Comments