Friday, April 4, 2008

Peru's Milpo says Votorantim offer too low

Votorantim, the world's third-largest zinc producer, last week offered to pay up to $422 million to boost its stake in Milpo, which mines zinc, lead and copper in the Andean country and says it runs some of the lowest-cost mines in the world.

UPDATE 1-Peru's Milpo says Votorantim offer too low

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