By analyst By Cecilia Jamasmie Base and precious metals miner Hudbay Minerals (TSX, NYSE:HBM) has agreed to buy a series of mining properties in southern Peru near its Constancia copper mine, which will see the Canadian company expanding its footprint in the country, the world’s second largest producer of the red metal. The Toronto-based miner has now the option to buy a 100% interest in the Caballito (formerly Katanga) and Maria Reyna mining properties from a private Peruvian consortium. It can also gain the Kusiorcco mining properties from Vancouver-based Panoro Minerals (TSX-V:PML).