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China Minmetals buys majority stake in Peru copper, gold mines
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11:18, January 29, 2008

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China Minmetals announced Tuesday it has bought a majority stake in Northern Peru Copper (NPC) of Canada and hence acquired the property of EL Galeno copper and gold mine and Hilorico gold mine in northern Peru.

The announcement said the acquisition has got positive response from the majority of NPC's shareholders and has been approved by the Chinese government.

Source:Xinhua



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