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
- Industry
- Industrial Services
- Location
- Peru
- Transaction Type
- Buyout
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