**Exhibit 10.24.8**

 

Mr. Notary:

 

Please extend in your Registry of Public Deeds, one that evidences themodification to the Line Of Credit Contract in Foreign Currency that celebrateon the one parte **BANCO****DE CREDITODEL PERU**, RUC No. 20100047218 with address at Calle Centenario No. 156,Urb. Las Laderas de Melgarejo, La Molina, Lima properly represented by Mr. AndresArredondo Bellido identified with DNI No. 10543236 and Jorge MujicaGianoli, identified with DNI NO. 09304830, according powers registered onentry No. 11009127 of the Registry of Legal Entities in the RegistryOffice of Lima and Callao who henceforth will be denominated ‘**THE BANK**”, and on the other **DOE RUN PERUS.R.L.**, with RUC NO. 20376303811, with address at Av. VictorAndres Belaunde 147, Via Principal 155, Centro Empresarial Real – Torre Real 3,Floor 9, San Isidro, properly represented by Mr. Albert Bruce Neil,identified with Identity Letter for Immigrant No. 000102841, withfaculties for that effect according to powers registered in Electronic Entry No. 11015369of the Registry of Legal Entities in Lima, who henceforth will be denominated **DRP**; under the following terms and conditions:

 

**FIRST:****                           BACKGROUNDAND INTERPRETATION**

 

1.1         The terms that appearcapitalized in this Modification have the same meaning that is attributed tothem in the Line of Credit Contract in Foreign Currency celebrated on September 17, 2002 between **THE BANK**and**DRP**the same which was elevated toPublic Deed on September 25, 2002 by Lima Notary Doctor Ricardo Ortiz deZevallos Villaran (herein, the “Line of Credit Contract”), in virtue of which aline of credit was granted to DRP under the terms and conditions thereestablished.

 

1.2         With date September 16,2005, the Parties agreed to extend the Final Expiration Date referred to onnumeral 3.6 of the Third Clause of the Line of Credit Contract until October 23,2005.

 

1.3         On October 21, 2005the Parties agreed to extend the Final Expiration Date referred to on numeral3.6 of the Third Clause of the Line of Credit Contract until November 7,2005.

 

1.4         On October 31, 2001the Parties agreed to extend the Final Expiration Date referred to on numeral3.6 of the Third Clause of the Line of Credit Contract until November 23,2005.

 

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**SECOND:           MODIFICATION**

 

By means of this modification, the Parties agree to again extend theFinal Date of Expiration referred to on numeral 3.6 of the Third Clause of theLine of Credit Contract until December 15, 2005.

 

**THIRD:               VALIDITYOF CREDITOR RIGHTS**

 

The extension of the Final Expiration Date of the Line of CreditContract, does not imply the renunciation by **THE BANK**to any creditor right originated before the signing of this document.

 

No fault on the part of **THE BANK** toexercise, or any delay in exercising, any right, power or dispensation underthe Line of Credit Contract could be considered as a renunciation to suchrights, powers or dispensations; or the sole or partial execution of any ofsuch rights powers or dispensations will not be able to be considered as the evasionof the exercise of any other rights, powers or dispensations.

 

Any renunciation, dispensation and/or release shall be interpreted andexecuted in a restrictive manner and for the specific purposes for which it wasgranted.

 

**FOURTH: CLAUSES NOT MODIFIED AND RATIFICATION**

 

The parties expressly agree that all of the remaining Clauses andattachment to the Line of Credit Contract that have not suffered modificationsaccording to the Second Clause of this Modification remain unaltered and theyare expressly ratified.

 

The Line of Credit Contract, its attachments and these modificationsconstitute the integral agreement between the parties, as it may bemodified or complemented.

 

**FIFTH: GUARANTEES**

 

The parties expressly agree that the guarantees to which the GuaranteeContracts refer are maintained without modification or any variation and thoseremain guaranteeing all the obligations derived from the Line of CreditContract with the modification that is introduced into it by means of thiscontract.

 

Add to this Mr. Notary, the remaining clauses by law and rise thisminute to public deed.

 

Lima November 18, 2005

 
| /s/ Andres Arredondo Bellido |   |
|------------------------------|--------|
| Andres Arredondo Bellido     |
| Assistant Manager            |

 

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| /s/ Jorge Mujica Gianoli     |   |
|------------------------------|--------|
| Jorge Mujica Gianoli         |
|                         |
|                         |
| /s/ Diego Peschiera Miffling |   |
| Diego Peschiera Miffling     |
| Attorney                     |
|                         |
|                         |
| /s/ A. B. Neil               |   |
| Albert Bruce Neil            |
| Doe Run Peru S.R.L.          |
|                              |        |  |  |

 

 

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