Gold and Silver Juniors, Mid-tiers and Producers Message Board

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Gold/Mining/Energy : Gold and Silver Juniors, Mid-tiers and Producers

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To: kacy_in_LA who wrote (1901)	11/16/2005 1:01:14 PM
From: Claude Cormier	of 78419

Kacy, I do not have a list. In the big mines category, Laguna Norte started producing in June 2005 and will produce 500,000 ounces per year. Owned by Barrick. There is the Palica zinc mine coming on stream in Jan 2006. Owned by Mitsui. Others have obtained expansion permits like Cerro Verde. Owned by BHP and partners. I guess there are probably others. But keep in mind that very low metal prices in 1996-2001 did not help exploration and studies to bring up new mines. The activities resumed with the new cycle in the metals. I expect that more mines will come on stream in the years ahead. But that is through everywhere not only in Peru. I think mining in Peru will happen if the mining companies do it like they should. economist.com

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