SOUTHERN PEAKS MINING

  • Second largest underground copper producer in Peru (with Ag, Au by-products)
  • Copper equivalent production of 21k tonnes, expected to grow to 28.5k tonnes by 2017
  • Highly cash generative asset with second quartile Cu cash costs; C1 of US$1.78/lbs in the 2Q of 2015
  • Strong focus on cost control and capital discipline to optimize operations
  • Experienced all Peruvian management team with a proven acquisition track-record