Doe Run Peru's Cobriza copper mine and La Oroya polymetallic smelter will be auctioned separately on different dates in March and April in the hopes that this could finally attract buyers for the assets.
Cobriza's first round of auction is scheduled for March 1, with the other rounds booked for March 15 and April 2, liquidator Dirige said to Metal Bulletin.Meanwhile, the auction dates for the smelter are March 8, March 22 and April 9. The decision to sell the productive units separately and more flexible environmental regulations could help attract buyers. "The new legal framework for environmental quality standards is expected to spark renewed interest among...