The company had just finished a feasibility study on its copper assets in Peru and needed several hundred million dollars to build a mine.

公司对其在秘鲁的铜资产做了可行性研究，结论是需要几百万美元来建矿。

youdao

Peru, South America's fastest-growing economy, is the world's second-largest producer of copper after Chile, and is also an important gold producer.

秘鲁是南美增长最快的经济体，位居智利之后的世界第二大产铜国，同时还是一个重要的产金国。

youdao

Among earlier deals, Chinalco, a Chinese metals producer, paid US$860m in 2007 to acquire the Toromocho copper project in Peru.

金属生产商中国铝业(Chinalco)在2007年出资8.6亿美元收购秘鲁特罗莫克(Toromocho)铜矿项目，这是中国公司早些时候完成的交易之一。

youdao

The deal fetched a 21% premium to Peru Copper's 20-day average trading price.

FORBES: Latin Mining Via Toronto

In Peru the Hallgarten analysts are fans of Northern Peru Copper, whose test bores show a sizable reserve of 7.3 billion pounds of copper and a mine life of 20 years.

FORBES: Latin Mining Via Toronto

Based in Pheonix, Phelps Dodge has copper mining operations in the U.S., Chile, Peru and Congo, while New Orleans-based Freeport operates the vast open-pit Grasberg gold, copper, and silver mine in Indonesia, and has reserves of about 37 billion pounds of copper and 40 million ounces of gold.

FORBES: Freeport To Buy Phelps Dodge For $26B