The Peruvian Ministry of Energy and Mining (MEM) has approved a second modification to the semi-detailed Environmental Impact Assessment (EIA) for the Cotabambas project, located in the region of Apurímac, according to owner Panoro Minerals. With this approval, the company will be able to carry out exploration activities on 2,923 hectares.

The exploration campaign was successfully completed in April, with a total of 2,172 meters drilled. Phase two should start soon, according to Panoro.