March 8 (Reuters) - Inca Minerals Ltd (ICG) :
- INCA TO CEASE OPERATIONS IN PERU
- TO CEASE OPERATIONS IN PERU AND TO FOCUS ON OPERATIONS IN AUSTRALIA
- RIQUEZA PROJECT WILL BE PUT UP FOR SALE
- ALL EXISTING ASSETS OF PERU OPERATIONS WILL BE SOLD
- IN TALKS WITH AN OVERSEAS GROUP FOR FUNDING BY EARN-IN- PARTNER AND POTENTIAL JV PARTNERS FOR PERUVIAN PROJECTS
- BEEN IN DISCUSSIONS WITH OVERSEAS GROUP FOR FUNDING BY EARN-IN- PARTNER & POTENTIAL JV PARTNERS FOR ITS PERUVIAN PROJECTS
- COST OF MAINTAINING PERUVIAN OPERATIONS CONSIDERED TOO HIGH AND UNSUSTAINABLE
- COST OF MAINTAINING PERUVIAN OPERATIONS CONSIDERED TOO HIGH AND UNSUSTAINABLE BY INCA BOARD
- AS PART OF CESSATION OF PERUVIAN OPERATIONS, CO WILL PUT RIQUEZA PROJECT ASSET UP FOR POTENTIAL SALE
- DISCUSSIONS WITH POTENTIALLY INTERESTED PARTIES FOR SALE OF RIQUEZA PROJECT HAVE BEEN INITIATED
News: ICG Inca Minerals Says To Cease Operations In Peru
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