Copper Mining Stake

25-08-2020· Zambia's mining investment arm ZCCM-IH is seeking a controlling stake in Glencore subsidiary Mopani Copper Mines, Zambia's mines minister said on Tuesday, after a disagreement over Glencore's plan ...

27-08-2020· Glencore will likely sell its entire 73.1% stake in Zambia’s Mopani Copper Mines to the government’s mining investment arm ZCCM-IH rather than becoming a …

25-08-2020· Zambia’s state-owned mining investment company (ZCCM-IH) is seeking a controlling stake in Glencore subsidiary Mopani Copper Mines, Mines …

25-08-2020· Z ambia’s state-owned mining investment company is seeking to increase its stake in Glencore Plc’s local copper unit, Mines Minister Richard Musukwa said.. The government has set up a team to liaise with ZCCM Investments Holdings on the negotiations with Glencore, and the Lusaka-based company is in the process of hiring a transaction adviser, he said in comments broadcast by privately ...

25-08-2020· Zambia’s state-owned mining investment company is seeking to buy a controlling stake in Glencore Plc’s local copper unit to keep the operations running and protect jobs, Mines Minister Richard ...

25-08-2020· Glencore and Zambia's mining investment arm ZCCM-IH are in talks about ZCCM-IH acquiring additional shares in Glencore subsidiary Mopani Copper Mines, Glencore and Zambia's mines minister said on ...

28-08-2020· Glencore is reportedly looking to sell its entire stake in its subsidiary Mopani Copper Mines to Zambia’s mining investment company ZCCM-IH. Currently, the British multinational mining company holds a 73.1% stake in Mopani, while the remaining is held by ZCCM-IH and First Quantum Minerals.

27-08-2020· Glencore <GLEN.L> will likely sell its entire 73.1% stake in Zambia's Mopani Copper Mines to the government's mining investment arm ZCCM-IH …

28-08-2020· Commodities trader Glencore is reportedly said to sell its entire stake (73.1%) in Mopani Copper Mines (MCM) to the Zambian Government’s mining investment unit ZCCM-IH. Currently, ZCCM-IH owns a 10% stake in MCM. Credit: photosmith2011 via Flickr. Commodities trader Glencore is reportedly said to ...

15-09-2019· Freeport-McMoRan expects its copper output to fall to 3.3 million pounds in 2019 following the government-mandated sale of part of its stake in its Indonesian operations to a local company.

GLENCORE may sell its entire 73.1% stake in Zambia’s Mopani Copper Mines to the government, said Reuters citing two sources with direct knowledge of the matter. “As of now, we are discussing a potential sale of their stake in Mopani,” said one of the sources. A Glencore spokesman declined to comment. The buyer would be ZCCM-IH, […]

28-08-2020· Glencore is reportedly looking to sell its entire stake in its subsidiary Mopani Copper Mines to Zambia’s mining investment company ZCCM-IH. Currently, the British multinational mining company holds a 73.1% stake in Mopani, while the remaining is held by ZCCM-IH and First Quantum Minerals.

27-08-2020· Glencore will likely sell its entire 73.1% stake in Zambia's Mopani Copper Mines to the government's mining investment arm ZCCM-IH rather than becoming a …

G lencore will likely sell its entire 73.1% stake in Zambia’s Mopani Copper Mines to the government’s mining investment arm ZCCM-IH rather than becoming a minority stakeholder, two sources with direct knowledge said.. Zambia and Swiss-based Glencore are at “cross purposes” over Mopani, Zambian Mines Minister Richard Musukwa had said on Tuesday when he announced ZCCM-IH aims to …

08-06-2020· Julong Copper is engaged in exploration and development of copper mines. (Credit: Pixabay/Łukasz Klepaczewski) China’s Zijin Mining Group has signed an agreement to acquire a majority stake in Tibet Julong Copper for $548m in cash. Fujian-based Zijin is acquiring a 50.1% stake in Julong Copper through its wholly-owned subsidiary Tibet Zijin.

08-06-2020· Zijin Mining Group Co. Ltd. said Sunday it will acquire a 50.1% share in a Tibet-based mining firm for 3.88 billion yuan ($547.7 million), potentially shoring up its balance sheet after the mining behemoth had a major setback in its Papua New Guinea (PNG) gold mining operations. The company, which is best known as a gold miner, will have access to three of Tibet Julong Copper Co. Ltd.’s ...

By Rhiannon Hoyle SYDNEY--Glencore Xstrata PLC (GLEN.AU) is selling its majority stake in one of the Asia-Pacific's biggest unmined copper deposits, the latest in a flurry of asset sales across the mining industry that suggests dealmaking may be picking up as some commodities rebound.

Canadian miner First Quantum Minerals is reportedly considering the sale of a minority stake in its flagship Cobre Panama copper mine to reduce the company’s debt.. Reuters, quoting two banking sources familiar with the discussions, reported the miner’s possible move comes at a time when mining firms across the world are struggling to boost finances amid the coronavirus Covid-19 pandemic ...

One of the largest gold mining companies in the world has taken a shine to Chakana Copper (TSV: PERU) and its Soledad project in Peru. Gold Fields (NYSE: GFI) is spending C$8 million to buy 15.69 ...

Mexican mining and industrial giant Grupo Mexico owns a majority stake in the company at 88.9% as of the end of 2018. Because of that, it effectively controls the company, which leaves public ...

08-06-2020· Julong Copper is engaged in exploration and development of copper mines. (Credit: Pixabay/Łukasz Klepaczewski) China’s Zijin Mining Group has signed an agreement to acquire a majority stake in Tibet Julong Copper for $548m in cash. Fujian-based Zijin is acquiring a 50.1% stake in Julong Copper through its wholly-owned subsidiary Tibet Zijin.

08-06-2020· Zijin Mining Group Co. Ltd. said Sunday it will acquire a 50.1% share in a Tibet-based mining firm for 3.88 billion yuan ($547.7 million), potentially shoring up its balance sheet after the mining behemoth had a major setback in its Papua New Guinea (PNG) gold mining operations. The company, which is best known as a gold miner, will have access to three of Tibet Julong Copper Co. Ltd.’s ...

G lencore will likely sell its entire 73.1% stake in Zambia’s Mopani Copper Mines to the government’s mining investment arm ZCCM-IH rather than becoming a minority stakeholder, two sources with direct knowledge said.. Zambia and Swiss-based Glencore are at “cross purposes” over Mopani, Zambian Mines Minister Richard Musukwa had said on Tuesday when he announced ZCCM-IH aims to …

16-06-2020· Ero Copper Corp.: Ero Copper is a Canada-based mining company that engages in the production and sale of copper, gold, and silver in mining locations primarily in Brazil. Fastest Growing Copper …

Meet the industry leaders who shape the Future of Mining across Europe, ... Zambia is reportedly in talks to gain a bigger stake in Glencore’s majority-owned Mopani Copper Mines.

LUSAKA/JOHANNESBURG — Glencore and Zambia’s mining investment arm ZCCM-IH are in talks about ZCCM-IH acquiring additional shares in Glencore subsidiary Mopani Copper Mines, Glencore and Zambia’s mines minister said on Tuesday. ZCCM-IH holds a 10% stake in Mopani Copper Mines.

Lundin Mining sells stake in giant Congolese copper mine for $1.5 billion Back to video As part of the deal with China’s BHR Partners, Lundin waived its right to acquire Freeport McMoRan’s majority stake in the holding company.

Zambia’s state-owned mining investment company is seeking to increase its stake in Glencore Plc’s local copper unit, Mines Minister Richard Musukwa said. The government has set up a team to liaise with ZCCM Investments Holdings on the negotiations with Glencore, and the Lusaka-based company is in the process of hiring a transaction adviser, he said in comments broadcast by privately owned ...

Codelco will have the first option on Enami's stake but it is likely to face competing bids from other companies, including BHP, according to a Mining and Energy Ministry source, reported BNAmericas.

PERU – One of the largest gold mining companies in the world has taken a shine to Vancouver-based Chakana Copper and its Soledad project in Peru. South African Gold Fields is spending $8 million to buy 15.69 million Chakana shares at $0.51 per share for a 16.14% stake in the junior. The proceeds will be used to advance exploration and development of the Soledad copper-gold-silver project ...