Year of Investment for Rural Development and Food Security
 
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13:16 Hudbay mining company to invest 53 million soles in development projects in Cusco
 
Lima, Jun. 02 (ANDINA). Hudbay mining company announced Saturday to invest 53 million soles in development projects in the community of Chilloroya, located in Peru's southern region of Cusco.
Hudbay and the Chilloroya community signed a framework agreement to move towards a sustainable development.  

The main benefits of this agreement are the creation of a multi-sectoral committee for development, which will prioritize and implement projects and works in order to achieve this objective.

Moreover, Hudbay will provide 500 jobs during the implementation of Constancia project. 

Hudbay is a Peruvian subsidiary company of HudBay Minerals Inc., involved in mining activities, including the development and future exploitation of Constancia project, located in Chamaca and Velille, districts of Chumbivilcas. 

(END) JJN/RES/RZZ/MOC

Date: 02/06/2012
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