03:50 PM EST - Peruvian Precious Metals Inc : has signed a Memorandum of Understanding with AM Mining SAC of Lima, Peru, that outlines the terms and conditions under which AMM will construct and operate on behalf of the Company a 350-metric-tonne-per-day gold and silver processing plant, utilizing CIP/CIL and Merrill-Crowe precious metal recovery, capable of producing precious metal dore at the Company’s Igor project in northern Peru. Peruvian Precious Metals Inc
shares V.PPX are trading down $0.025 at $0.14.