Los Andes copper weighs funding options for Chile project including sale

Los Andes Copper, a mining exploration company, is considering options to finance development of a deposit it owns in Chile, including a potential sale of the asset or the company, according to people familiar with the matter.

The Vancouver-based firm is working with advisors to study strategic options as it prepares for the next stage of the Vizcachitas project in Chile, said the people, who asked not to be identified because the information is private. Los Andes Copper isn’t currently running a formal sale process, but may start gauging interest from potential buyers, the people said.