New Scoping Study Under Way on Peru's Chucapaca Gold Mine Project

CORDOBA, ARGENTINA--June 18, 2013--Researched by Industrial Info Resources (Sugar Land, Texas)--A new scoping study for the Chucapaca mining project in Peru is under way after the initial feasibility study, completed a few months ago, indicated it was not feasible because of high capital expenditures and operational costs. The Chucapaca project is being developed by Canteras del Hallazgo S.A.C (Lima, Peru), a joint venture between Gold Fields Limited (NYSE:GFI) (Johannesburg, South Africa), which owns a 51% stake in the project, and Peru's largest publicly traded precious metals firm, Companía de Minas Buenaventura S.A.A (NYSE:BVN) (Lima), which owns the remaining 49% stake.