A South African mining company and its Peruvian joint-venture partner have announced the discovery of a major gold deposit in the volcanically active Moquega region. The new deposit is estimated to contain 5.6 million ounces of gold, which is slightly more than what Peru exported last year.
Source: Latin American Herald Tribune
http://www.laht.com/article.asp?ArticleId=356857&CategoryId=14095
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