Palamina to buy Aurania’s Peru unit to boost copper assets

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Palamina to buy Aurania’s Peru unit to boost copper assets
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Aurania Resources’ subsidiary in Peru, Sociedad Minera, which will grant it access to strategic copper and silver projects in the country, including the Vicus Pluma copper project.

The acquisition of Vicus would give Palamina 100% ownership of the Pluma sediment-hosted copper-silver project, which covers 9,800 hectares north and it is contiguous to Hannan Metals’s San Martin copper-silver project, the company said. Palamina is a gold explorer with several projects in the Puno Orogenic Gold Belt in south-eastern Peru.

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