Rio2 Acquires Condestable Mine (99.1% Interest) from Southern Peaks Mining

January 30, 2026

Rio2 Limited completed the acquisition of a 99.1% interest in the Condestable copper mine in Peru. Rio2 acquired the interest from Southern Peaks Mining L.P. (together with related vendors including Ariana Management Corporation S.A.C. and Adolfo Vera), following a definitive share purchase agreement dated December 8, 2025 (amended).

Buyers
Rio2 Limited
Targets
Condestable mine (99.1% interest)
Sellers
Southern Peaks Mining L.P., Ariana Management Corporation S.A.C., Adolfo Vera
Location
Peru
Transaction Type
Buyout

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