OCIM Precious Metals supports Inca One with a $2.5 mn loan

OCIM Precious Metals closed a $2.5 million funding facility with Inca One, operating Chala One and Kori One gold ore processing units with ore supply from artisanal and small producers. The agreement entails a first Secured Gold Loan to be repaid with supply of gold ounces. A further $6 million loan following the repayment of the first loan is also considered by both parties.

DP World Callao to invest $333.6 mn in expansion, after Peru’s Port Authority approval

Peru's National Port Authority gave DP World Callao approval to execute the expansion of Callao Port's new container terminal, requiring a $333.6 million investment. The expansions of the pier, storage area and the installation of two new quay gantry cranes, whose works should start early 2022, aim to support the competitiveness of the port, and simultaneously boost the Peruvian economy.