Anglo seeks Quellaveco partner ahead of board green light

Anglo American should decide on a partner to develop its Quellaveco copper project in southern Peru in the coming months ahead of a board decision on construction, the CEO of the company's copper business Hennie Faul told Mining Journal.

Tom Azzopardi in Santiago

Site visit at Quellaveco in Peru

Just back from Peru and speaking ahead of the 17th World Copper Conference and CESCO Week, the global copper industry´s annual gathering in Santiago, the South African said that management planned to get approval from the directors for the US$5.5 billion investment at a meeting scheduled for the middle of this year.