China is the globe's top mining country, but its alarming reserves-to-production ratio is forcing domestic miners to hunt for deals in the rest of the world.
Farmers, anti-mining activists and local leaders have opposed the project for years, claiming it will pollute key waterways for Arequipa, where the mine will be built.
In general, he says investors want well-managed, low-cost producers with moderate headline risk that can run for one or two more years at lower gold prices.