en.Wedoany.com Reported - On May 20, China's Sinomine Resources Group and Peru's Jinda Mining Co., Ltd. signed a cooperation agreement at Sinomine Resources' headquarters in China, reaching a partnership on the mining rights for the Laheya copper mine project in Peru. According to the agreement, Peru's Jinda Mining commits to re-registering the mining rights of its Laheya copper mine, located within Peruvian territory, under a jointly established joint venture company, which will be controlled by Sinomine Resources. Peru's Jinda Mining will leverage its local advantages, while Sinomine Resources will provide financial, technical, and industry chain resource support.
This cooperation marks the official launch of Sinomine Resources' mining layout in South America after years of research and exploration. The agreement specifies that Sinomine Resources and Peru's Jinda Mining will jointly promote the development of this copper mine resource. The initial phase of the project will involve the first stage of exploration work, aimed at further clarifying the breccia pipe-type copper resource situation within the mining area. Based on this, both parties will prepare an exploration design plan and simultaneously advance drilling work.
Both Sinomine Resources and Peru's Jinda Mining have stated that they will fulfill their respective responsibilities in accordance with the agreement. The subsequent progress of the Laheya copper mine project in Peru will depend on the results of the first stage of exploration work and the design plan jointly formulated by both parties.
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