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Rio unit to join Valor in Peru

Valor Resources has signed an option and joint venture agreement with a subsidiary of Rio Tinto

Kristie Batten*
Valor's Berenguela project in central Peru

Valor's Berenguela project in central Peru

Rio's wholly owned Kennecott Exploration Company (KEX) will join Valor at its Berenguela copper-silver-manganese project in south-east Peru. Under the agreement, KEX will pay the US$700,000 instalment...

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