Peru zinc miner Volcan eyes US$200mil in further asset sales

The company is looking to divest its holding in a Chilean cement maker, as well as real estate near the new Peruvian port of Chancay on the Pacific coast. — Bloomberg

LIMA: Volcan Cia Minera, the Peruvian zinc miner that was recently acquired by Argentine group Integra Capital, says it is pushing ahead with plans to sell non-core assets as it talks with creditors to refinance a pile of debt coming due in the coming years.

The company, in which Glencore Plc sold a controlling stake last month, is looking to divest its holding in a Chilean cement maker as well as real estate near the new Peruvian port of Chancay on the Pacific coast, said chief executive officer (CEO) Luis Fernando Herrera.