Radar > 236791

Grupo Luksic seeks mining assets in Chile and abroad

Grupo Luksic busca nuevos activos mineros para comprar en Chile y en el extranjero

Intel ID : 236791
Synopsis

Grupo Luksic, a Chilean company engaged in mining, industry, finance, food and telecommunications, announced it is looking for new mining assets in Chile and abroad, as published by newspaper El Mercurio on 19 May 2016, citing its chairman for Antofagasta, Jean-Paul Luksic.

Specifically, Luksic said it is looking for special opportunities for growth beyond its core business, in Chile and abroad.

While, Freeport-McMoRan Copper & Gold (NYSE: FCX), a US-based mining company for gold and copper, has not yet confirmed the sale of a 51% stake in El Abra, Antofagasta Minerals, a Chilean mining company held by Grupo Luksic. It could be interested in this asset (see related Intel).
(content in spanish)

Grupo Luksic, firma chilena controladora de empresas en minería, industria, finanzas, alimentos y telecomunicaciones, ha anunciado que se encuentra en la búsqueda de nuevos activos mineros para comprar en Chile y en el extranjero, según ha informado El Mercurio el 19 de mayo de 2016, citando al presidente del directorio de Antofagasta, Jean-Paul Luksic.

En concreto, Luksic ha asegurado que busca oportunidades especiales de crecimiento más allá de su negocio base, tanto en Chile como fuera del país.

Si bien Freeport-McMoRan Copper & Gold (NYSE: FCX ), empresa estadounidense dedicada a la explotación minera de oro y cobre, aún no ha confirmado la venta del 51% que tiene en El Abra, Antofagasta Minerals, empresa minera chilena del Grupo Luksic, estaría interesada en ir tras ese activo (ver Intel relacionado).

Intel ID 236791
Value ND
Native Currency US Dollar (USD)
Exchange Rate:
Financial Data - Freeport-McMoRan Copper & Gold
(31 Dec 2013)
Revenue: EUR 15,17m
Exchange Rate:
Date
Country
Region
Continent
Geography
Subsector (Old TTR Sectors)
Type
Intel Grade
Source
Tags

Bidder

Name
verified
Subsector (Old TTR Sectors)
Services and Distribution / Financial and Insurance (Primary)
Primary Sector (TTRSC)
25.04.03 Holding Companies / Financial Holding Companies
25 Financial Services / 25.04 Other Financial Services

Country
Description

Bidder

Name
potential
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

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

55.05.06 Precious Metals & Minerals
55 Raw Materials & Natural Resources / 55.05 Metal & Mineral Resources

Country
Website
Description

Target

Name
potential
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

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

Country
Website
Description

Related Entity

Name
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

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

55.05.06 Precious Metals & Minerals
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.