RioSol calls for JV or sale of Peruvian limestone claim

By James Sean Dickson
Published: Wednesday, 29 July 2015

Despite being close to a number of large infrastructure projects, which require limestone for cement production, RioSol appears unwilling to develop the project alone. With international mining finance markets in a poor state, a large-scale development such as Montana Gael will be difficult to fund.

Oregon, US-based RioSol SAC LLC and its Peruvian subsidiary, Compania Minera Rio Sol SAC, have announced the sale or joint development of an aggregate and lime-suitable limestone deposit in southern Peru, close to the country’s Interoceanic Highway.

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