Meridian Gold Buys Into Peru

US mining company Meridian Gold has bought a 56.7% stake in Chilean mining company Agua de la Falda from state-owned Codelco. The deal is worth $20 million. Agua de la Falda owns gold reserves in the north of the country. Codelco had recently bought the stake from Canada’s Goldcorp to take 100% control of the company’s assets.