Peru's Graña y Montero eyes mining projects, to cooperate in Odebrecht probe Nov 17 2017 [Reuters]
ANGLO AMERICAN SPNS/ADR (NGLOY)
Company Research
Source: Reuters
Peru's Graña y Montero eyes mining projects, to cooperate in Odebrecht probe | Reuters 3 Min Read LIMA (Reuters) - Peru’s largest construction company, Graña y Montero, is hoping to win major mine contracts to replace lost business, its chairman said on Friday, as it seeks to minimize the fallout from its links with Brazil’s scandal-plagued builder Odebrecht. In an interview, Augusto Baertl said opportunities for Graña included plans by Anglo American PLC and Minsur to build new mines in the world’s No. 2 copper producer. “We have a relationship with Anglo American due to projects we have with them in Chile,” Baertl said. “And in Mina Justa ... we are obviously in permanent contact with the company eager to be invited and participate in its development.” Anglo American has said it plans to invest $5 billion in its Quellevaco mine, while Minsur expects to invest $1.5 billion in its Mina Justa project. The builder is also eyeing government contracts for reconstruction efforts in norther
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