Estudio Echecopar, member firm of Baker McKenzie International, advised BANCO BBVA PERU in connection with a USD 17 million leasing facility granted to SHAHUINDO S.A.C. for the construction of a leaching pad in its mining project located in Cajamarca, in the north of Peru.
The Shahuindo mining project is an open-pit, heap leach gold mine. Commercial production began in 2016 with current estimated mine life until 2028.
Shahuindo is a subsidiary of Pan American Silver Corporation, a mining company based in Canada with operations in Latin America.