Buenaventura eyes $2bn copper project in Peru – chairperson

Buenaventura is considering making a bid on a $2-billion copper project in Peru as the precious metal miner's gold production dwindles and copper prices rally, the company's chairperson told Reuters on Tuesday. Speaking at the Perumin industry convention in Arequipa, Peru, Roque Benavides said Buenaventura has already bought the paperwork required to take part in the November 15 auction for Anglo American's former project Michiquillay.