Cerro de Pasco Resources Acquires Remaining Quiulacocha Tailings From AMSAC

Bitget2026/10/23 13:45

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Cerro de Pasco Resources acquired the remaining Quiulacocha tailings from AMSAC on October 20, 2026, securing rights to 100% of the deposit.
The USD 6.65 million closing payment included surface-use rights over 123.39 hectares for up to 30 years.
Ongoing obligations include USD 1.44 million annually for surface use, with a contractual royalty of at least 1% of revenue.
A community trust will receive USD 1.04 million in initial contributions, followed by USD 260,000 annually during operations.
The project enters its preoperational phase; commercial tailings processing requires environmental impact assessment approval.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Cerro de Pasco Resources Inc. published the original content used to generate this news brief on October 23, 2026, and is solely responsible for the information contained therein.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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Cerro de Pasco Resources Acquires Remaining Quiulacocha Tailings From AMSAC

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