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Gold/Mining/Energy : Royal Oak-RYO

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To: RagTimeBand who wrote (943)	4/30/1998 1:28:00 PM
From: RagTimeBand	of 1706

Peru mulls new copper tender postponement Wednesday April 29, 12:39 am Eastern Time LIMA, April 28 (Reuters) - Peru is considering a further postponement of the privatization tender for its Michiquillay copper deposit due to weak metals prices, a privatization official said Tuesday. ''There is still no decision, but the way things are, it would seem that we're going to postpone again,'' Manuel Guzman, coordinator of state-owned Minero Peru's privatization committee, told Reuters. ''The bidders are copper producers and they have been affected by the fall in the price of the metal, so it would be difficult for them to take on another project,'' he said. Rest of story at: techstocks.com

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