Doe Run Peru will restructure, not liquidate assets: creditors

Apr 17, 2013 | 03:29 PM | Carolina Guerra

Tags  Ayar Lopez Cano Algorta, Doe Run Peru, La Oroya, Cobriza Mine, copper, lead, zinc, Carolina Guerra

SÃO PAULO — Doe Run Peru’s board of creditors has voted to restructure its La Oroya metallurgical complex and Cobriza Mine rather than sell the company’s assets in an ongoing liquidation, AMM sister publication Metal Bulletin has learned.

The board has given the company in charge of Doe Run Peru’s administration, Right Business SA, 60 days to come up with a new restructuring plan. Approval of the plan would rest with the board. ....

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