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 2018
- Highly cash generative asset with three-month period Cu cash costs; C1 of 1.58 US$/lb in March-May 2016.
- Strong focus on cost control and capital discipline to optimize operations
- Experienced all Peruvian management team with a proven acquisition track-record