Cuba seeks foreign investors for nickel mining sector
Cuba busca inversores extranjeros para su sector de minería de níquel
Intel ID : 237681
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Cuban Government and state-owned Cubaníquel, engaged in management of nickel mining compan8ies, is looking for foreign investors, as published by Diario de Cuba on 14 June 2016, citing Cubaníquel's director, Eder Oliveros Garcell. According to the news, the need to look for partners abroad is due to the fact that nickel prices dropped, globally, and mining companies have registered losses, which they aim to overcome through foreign investments.
(content in spanish)
El Gobierno de Cuba y la entidad estatal Cubaníquel, dedicada a la gestión de las sociedades que se encargan de la explotación de minas de níquel en el país, están buscando inversores extranjeros, según ha publicado el Diario de Cuba el día 14 de junio de 2016, citando al director de Cubaníquel Eder Oliveros Garcell. Según la noticia la necesidad de buscar socios fuera de las fronteras de Cuba se debe a que a causa de la caída de los precios del níquel a nivel mundial las sociedades mineras han contraído numerosas pérdidas, pérdidas que pretenden subsanar con la financiación de inversores foráneos. |
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Legend:
Verified: Confirmed as a party to an active or possible transaction.
Potential: Unconfirmed as a party to an active or possible transaction.
Retained: Confirmed as “Retained” with a general or specific mandate.
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.