Radar > 223160

Southern Copper plans acquisition of Quellaveco mine

Southern Copper podría adquirir la mina Quellaveco

Intel ID : 223160
Synopsis

According to Deputy Minister of Mines of Peru, Guillermo Shinno, US-based mining company Southern Copper could acquire Anglo American's stake in Peru-based Quellaveco mine.

Although the entities have not confirmed this transaction, sources estimate that through this deal Southern Copper could control the Peruvian mine.
(content in spanish)

Según el vicemiinistro de minas peruano, Guillermo Shinno, la compañía minera estadounidense Southern Copper podría adquirir la participación de Anglo American en la explotación minera peruana mina Quellaveco.

Aunque no se tiene la confirmación de las entidades, fuentes del sector indican que esta participación supondría el control de Southern Copper sobre la mina peruana.

Bidder

United States

Seller

Anglo American
United Kingdom

Intel ID 223160
Value ND
Native Currency US Dollar (USD)
Exchange Rate:
Date
Country
Region
Continent
Geography
Subsector (Old TTR Sectors)
Type
Intel Grade
Source
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

Target

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
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

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.