Cerro de Pasco Resources Signs Land-Use Agreement for Quiulacocha Tailings Project
Bitget2026/10/27 14:52- Cerro de Pasco Resources’ Peruvian unit signed a land-use agreement with Activos Mineros on October 20, 2026, for Quiulacocha tailings reprocessing.
- The agreement covers 123.39 hectares for the project’s useful life, capped at 30 years.
- Payments comprise a USD 1.44 million upfront premium and a USD 1.44 million annual fee, excluding applicable taxes.
- The contract is inseparable from a concurrent agreement transferring accumulated Quiulacocha waste for economic reprocessing.
- Operations require environmental approval and necessary permits; the land-use agreement alone does not authorize project activities.
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