Compania Minera Antamina S.A. is an association of three big transnational Canadian mining companies set up to exploit a big copper-zinc deposit north central Peru. The project requires about US$2 billion of financing for the development and exploitation of the deposit.
The finance committee needs to ascertain the best means to raise the necessary funds: loans guaranteed by project finance or the patrons. The costs and benefits are distinct across alternatives because the job includes both business and political risks to which the exposure for all the stakeholders is different.
Publication Date: 02/06/2003
This is just an excerpt. This case is about Finance