Singing China’s praises

“China has evolved as a partner. There is more openness, not only at a financial level, but also at a trade and social responsibility level”

Peru's Energy and Mines Minister Eleodoro Mayorga speaks to the foreign media at a news conference in Lima

Eleodoro Mayorga

Peru’s energy and mining minister Eleodoro Mayorga tells the Financial Times his country is set to become the world’s second-largest copper mining nation thanks to $20 billion of Chinese projects.

A subsidiary of Minmetals, for example, last month acquired Glencore’s Las Bambas copper project, which is expected to produce 450,000 tonnes annually when it goes into full production

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