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Glencore unit explores tailings tie-up

Glencore unit explores tailings tie-up

March 23, 2023 | John Quigley
Peruvian zinc miner Volcan signs an agreement with Cerro de Pasco Resources to start work on the Quiulacocha mining waste project

Andean Latin America South America Peru

Volcan, a Peruvian zinc producer owned by commodity giant Glencore, signed a memorandum of understanding with Cerro de Pasco Resources (CDPR) for a project to mine a century-old tailings deposit.  Volcan said it will grant access to CDPR to its mineral processing plants to allow the company to test the tailings at the Quiulacocha deposit, according to a securities filing. The companies will sign a new agreement to advance the project provided that the first phase has a positive outcome, Volcan

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