Radar > 224140

Codelco negotiates with Anglo American possible acquisition of Los Bronces

Anglo American y Coldeco negocian un cambio de control en Los Bronces

Intel ID : 224140
Synopsis

Chile-based Codelco could be negotiating with British mining company Anglo American possible acquisition of Los Bronces, a copper mine. These negotiations could include integration without transferring property, aiming to achieve a joint management of Los Bronces.

In addition, Codelco showed interest in possibly selling assets to Anglo American, which would include mines Mantos Blancos, Mantoverde, El Soldado and foundry Chagres. (see related radar)
(content in spanish)

La compañía minera británica Anglo American y la chilena Codelco podrían estar negociando de nuevo el control del yacimiento de cobre Los Bronces. En estas negociaciones, Codelco podría hacerse con el control del yacimiento o se podría realizar una integración sin transferencia de propiedad para alcanzar una administración conjunta de Los Bronces.

Además, la compañía chilena se ha mostrado interesada en la posible venta de activos de Anglo American, que incluiría las minas Mantos Blancos, Mantoverde, El Soldado y la fundición Chagres. (Ver radar relacionado).

Bidder

Seller

Anglo American
United Kingdom

Intel ID 224140
Value ND
Native Currency US Dollar (USD)
Exchange Rate:
Financial Data - Codelco
(31 Dec 2013)
Revenue: -
EBITDA: -
Date
Country
Region
Continent
Geography
Subsector (Old TTR Sectors)
Type
Intel Grade
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Tags

Bidder

Name
verified
Subsector (Old TTR Sectors)
Natural Resources / Mining (Primary)
Primary Sector (TTRSC)
55.05.02 Copper & Cobalt Mining & Refining
55 Raw Materials & Natural Resources / 55.05 Metal & Mineral Resources

Country
Website
Description

Seller

Name
verified
Subsector (Old TTR Sectors)
Natural Resources / Mining (Primary)
Primary Sector (TTRSC)
55.05.06 Precious Metals & Minerals
55 Raw Materials & Natural Resources / 55.05 Metal & Mineral Resources

Secondary Sectors (TTRSC)
55.05.01 Aluminum Mining & Refining
55 Raw Materials & Natural Resources / 55.05 Metal & Mineral Resources

55.05.02 Copper & Cobalt Mining & Refining
55 Raw Materials & Natural Resources / 55.05 Metal & Mineral Resources

Country
Website
Description

Radar

Date Title Type Intel Grade Country Subsector  

Legend:

verified Verified: Confirmed as a party to an active or possible transaction.

potential Potential: Unconfirmed as a party to an active or possible transaction.

retained Retained: Confirmed as “Retained” with a general or specific mandate.

prospect Prospect: Advisory “Prospect” in discussions with or pitching services to possible client.

Transactional data is continuously updated by the research team and therefore is subject to change.