Peru Revokes Southern Copper’s $1.8 Billion Tía María Permit Amid Legal Concerns

Peru has revoked Southern Copper’s (NYSE: SCCO) permit for its $1.8 billion Tía María copper project, casting fresh doubt on a development already marred by years of conflict and delays. The Ministry of Energy and Mines pulled the approval, citing a lack of legal justification and non-compliance with mining and administrative regulations. Incomplete technical plans, […] The post Peru Revokes Southern Copper’s $1.8 Billion Tía María Permit Amid Legal Concerns appeared first on the deep dive.