03:37 PM EST - Bear Creek Mining : announced that the Peruvian Ministry of Energy and Mines has approved the Environmental and Social Impact Assessment for the Corani silver- lead-zinc project located in southern Peru. Corani represents a rare asset class containing 270 million ounces of silver and 4.8 billion pounds of combined lead and zinc which is forecasted to produce over 13 million ounces of silver/year at a negative cost of $0.45 per ounce of silver, net of by-product credits, for the first five years of a 22-year mine life. Subsequent steps in the advancement of the Corani project are intended to include detailed engineering followed by construction permits flowing from the ESIA. Bear Creek Mining
shares V.BCM are trading up $0.25 at $2.15.
