copper mining stake

copper mining stake

Antofagasta to earn stake in Pacific Ridge’s Canada copper ...

2022-2-9 · Antofagasta will initially have an option to acquire a 75% stake in the project by paying $.35m in cash. Antofagasta’s Zaldivar copper mine in Chile. Credit: Antofagasta. Antofagasta Minerals has signed an agreement with Canada’s Pacific Ridge Exploration to option the latter’s RDP copper-gold ...

Read More
Anglo Asian Mining increases stake in Libero Copper & Gold

2022-1-28 · Azerbaijan-focused gold, silver and copper producer Anglo Asian Mining has increased its stake in Canadian mineral exploration company Libero Copper & Gold.. Anglo Asian initially acquired a 9.8% stake after the closing of a subscription agreement in December 2021.

Read More
Mitsui Mining to sell Collahuasi copper mine stake ...

2021-3-26 · Global Mining Review , Friday, 26 March 2021 10:30. Advertisement. According to a recent Reuters report, Mitsui Mining and Smelting is set to sell its 0.97% stake in Chile’s Collahuasi copper mine, paving a path towards its exit from the copper mining sector. The stake is reportedly being sold to Mitsui & Co as part of an asset reshuffle.

Read More
South32 locks 45% stake in Sierra Gorda copper mine ...

2021-11-25 · The open-pit mine is located at an altitude of 1,700 metres and has enough ore to support at least 20 years of mining. South32 expects it to produce 180,000 tonnes of copper concentrate and 5,000 ...

Read More
Anglo Asian PLC ups stake in Libero Copper to 20%

2022-1-27 · Anglo Asian Mining PLC (AIM:AAZ, OTC:AGXKF) has completed the acquisition of a further 10% of Toronto-listed Libero Copper & Gold Corporation, taking its stake to 19.8%. The gold miner originally ...

Read More
NorthWest Copper Consolidates Stake in Kwanika Copper

2022-1-14 · Mining. NorthWest Copper Consolidates Stake in Kwanika Copper NorthWest Copper has entered into an agreement with POSCO International

Read More
South32 to acquire stake in Sierra Gorda copper mine for ...

2021-10-14 · Sierra Gorda is a conventional open pit mine. (Credit: KGHM Polska Miedz) Australian mining company South32 has signed an agreement with Sumitomo to buy a 45% stake in the Sierra Gorda copper mine in Chile for $2.05bn. The transaction amount include an upfront cash payment of $1.55bn and a contingent price-linked consideration of up to $500m ...

Read More
Phase 1 of world’s largest copper mine up and running ...

2021-12-29 · Zijin, which is best known as a gold miner, acquired a 50.1% stake in Julong for RMB 3.88 billion ($547.7 million) in 2020 to gain access to three copper deposits—Zhibula, Qulong, and Rongmu Cuola—which have total reserves of 7.95 million tons. As of now, Zijin holds a 57.35% stake in Julong while another mining firm, Zangge Mining, holds ...

Read More
AuKing Mining ups stake in Koongie Park to 75% ahead of ...

2022-2-4 · AuKing Mining (ASX: AKN) has upped its stake in the Koongie Park joint venture to 75% after completing the second earn-in milestone with Anglo Australian Resources (ASX: AAR) more than two years ahead of schedule. In December, AuKing achieved the first earn-in milestone – bringing its holding in the project at the time to 50%. It has now secured the final 25%

Read More
Anglo Asian Mining PLC to take a 19.9% stake in a Canada ...

2021-12-23 · Anglo Asian Mining to take stake in Canadian-listed explorer as part of a C$6.3mln strategic investment The company will end up owning

Read More
Mitsui Mining to sell Collahuasi copper mine stake ...

2021-3-26 · Global Mining Review , Friday, 26 March 2021 10:30. Advertisement. According to a recent Reuters report, Mitsui Mining and Smelting is set to sell its 0.97% stake in Chile’s Collahuasi copper mine, paving a path towards its exit from the copper mining sector. The stake is reportedly being sold to Mitsui & Co as part of an asset reshuffle.

Read More
Mitsui Mining to exit from copper mining, selling stake in ...

2021-3-24 · Reuters Wednesday March 24, 2021 06:48. TOKYO, March 24 (Reuters) - Japan's Mitsui Mining and Smelting said on Wednesday it would exit from copper mining by selling its 0.97% stake in the Collahuasi copper mine in Chile to Japanese trading firm Mitsui & Co as a part of a reshuffle of its asset portfolio. The mining and smelting company did not ...

Read More
South32 to acquire stake in Sierra Gorda copper mine for ...

2021-10-14 · Sierra Gorda is a conventional open pit mine. (Credit: KGHM Polska Miedz) Australian mining company South32 has signed an agreement with Sumitomo to buy a 45% stake in the Sierra Gorda copper mine in Chile for $2.05bn. The transaction amount include an upfront cash payment of $1.55bn and a contingent price-linked consideration of up to $500m ...

Read More
SOUTH32: $2B DEAL FOR 45% STAKE IN CHILEAN COPPER

2021-10-14 · ZIJIN MINING MEETS DEADLINE FOR FIRST PRODUCTION AT TIBETAN COPPER PROJECT. Chinese government-owned Zijin Mining has met its end-2021 deadline to commence operations at its 50.1%-owned Julong Copper operation in the precipitous mountains of Tibet, slated to become the country’s largest porphyry copper mine.

Read More
Freeport sells Candelaria copper mine stake to Lundin ...

2014-10-7 · Freeport sells Candelaria copper mine stake to Lundin Mining October 07, 2014 07:40 AM Lundin Mining will pay $1.8 billion in cash, plus up to $200 million in contingent consideration to be defined as a percentage of net revenues considering copper prices over the next five years, the companies announced late on Monday October 6.

Read More
Phase 1 of world’s largest copper mine up and running ...

2021-12-29 · Zijin, which is best known as a gold miner, acquired a 50.1% stake in Julong for RMB 3.88 billion ($547.7 million) in 2020 to gain access to three copper deposits—Zhibula, Qulong, and Rongmu Cuola—which have total reserves of 7.95 million tons. As of now, Zijin holds a 57.35% stake in Julong while another mining firm, Zangge Mining, holds ...

Read More
Zijin Mining acquires 50.1% stake in Tibet Julong Copper ...

2020-6-7 · On the evening of June 7, Zijin Mining announced that in order to further increase the company's resource reserves and enhance the supply capacity of super-large copper mines in China, it is proposed to acquire a 50.1% stake in Tibet Julong Copper Co., Ltd. (referred to as "Tibet Zijin") through its wholly-owned subsidiary, Tibet Zijin Industrial Co., Ltd. (referred to as

Read More
February 7, 2020 To All Concerned Parties

2021-7-19 · MMC will acquire a 30% stake in the Mantoverde copper mine by undertaking newly issued shares of MV. In consideration for the 30% stake, MMC will contribute US$263 million at closing, comprising a US$184 million earn-in contribution and a US$79 million matching capital contribution. The investment by MMC will be used

Read More
Anglo Asian Mining PLC to take a 19.9% stake in a Canada ...

2021-12-23 · Anglo Asian Mining to take stake in Canadian-listed explorer as part of a C$6.3mln strategic investment The company will end up owning

Read More
Top 10 largest copper mining companies reduced

2021-12-16 · Kitco ranked the top 10 largest copper mining companies worldwide based on their reported attributable copper production in Q3 2021. Production at the Chilean mining giant Codelco, the world’s largest copper mining company, fell 7.2% year-on-year to 415 thousand tonnes (including Codelco’s stake in El Abra and Anglo American Sur) in Q3 2021.

Read More
Mitsui Mining to exit from copper mining, selling stake in ...

2021-3-24 · Reuters Wednesday March 24, 2021 06:48. TOKYO, March 24 (Reuters) - Japan's Mitsui Mining and Smelting said on Wednesday it would exit from copper mining by selling its 0.97% stake in the Collahuasi copper mine in Chile to Japanese trading firm Mitsui & Co as a part of a reshuffle of its asset portfolio. The mining and smelting company did not ...

Read More
Mitsui Mining to exit from copper mining, selling stake in ...

2021-3-24 · Japan's Mitsui Mining and Smelting said on Wednesday it would exit from copper mining by selling its 0.97% stake in the Collahuasi copper mine in Chile to Japanese trading firm Mitsui & Co as a ...

Read More
NorthWest Copper Consolidates Stake in Kwanika Copper

2022-1-14 · Mining. NorthWest Copper Consolidates Stake in Kwanika Copper NorthWest Copper has entered into an agreement with POSCO International

Read More
Mitsui Mining exits copper with Collahuasi stake sale ...

2021-3-24 · Japan’s Mitsui Mining and Smelting is walking away from copper, currently one of the most coveted metals, by selling its 0.97% stake in the Collahuasi copper mine in Chile to trading house Mitsui & Co, as a part of a reshuffle of its asset portfolio. The deal leaves Mitsui & Co with a 12% interest in the open-pit copper mine located in in ...

Read More
CMOC buys stake in Rio Tinto gold, copper

2013-7-30 · Rio Tinto Group has reached a binding agreement to sell its 80 percent stake in Northparkes, a copper and gold mine in Australia's New South Wales, to China Molybdenum Co Ltd for $820 million.

Read More
Mitsubishi Materials completes Chile's Mantoverde copper ...

2021-2-12 · Japan's Mitsubishi Materials Corp said on Friday it had completed its purchase of a 30% stake in Chile's Mantoverde copper mine from Mantos Copper for $275-million. Japan's third-biggest copper ...

Read More
Zijin Mining acquires 50.1% stake in Tibet Julong Copper ...

2020-6-7 · On the evening of June 7, Zijin Mining announced that in order to further increase the company's resource reserves and enhance the supply capacity of super-large copper mines in China, it is proposed to acquire a 50.1% stake in Tibet Julong Copper Co., Ltd. (referred to as "Tibet Zijin") through its wholly-owned subsidiary, Tibet Zijin Industrial Co., Ltd. (referred to as

Read More
CMOC buys stake in Rio Tinto gold, copper mine |Economy ...

2013-7-30 · CMOC buys stake in Rio Tinto gold, copper mine. Rio Tinto Group has reached a binding agreement to sell its 80 percent stake in Northparkes, a copper and gold mine in Australia's New South Wales ...

Read More
Hudbay preparing sale of Arizona Rosemont copper mine

2019-5-21 · Hudbay preparing sale of Arizona Rosemont copper mine stake. Hudbay has interviewed potential advisers about selling its 30 per cent stake and is planning to kick off a process in the coming months, sources said. The eastern slope of the Santa Rita Mountains in Arizona where Hudbay Minerals Inc. plans an open pit copper mine.

Read More
Gecamines may sell stake in Glencore copper mine ...

2013-10-7 · The Kamoto copper mine in the DRC Kinshasa, DRC — 07 October 2013 – Gecamines “’ the state-owned mining company of the Democratic Republic of Congo (DRC) “’ may sell its 20% stake in Glencore Xstrata plc’s Kamoto Copper Company (KCC) in order to raise money for other projects. “We’ve been in discussions with 14 groups who’ve gone through a

Read More
Some other articles