Report: Capstone Hires Scotiabank to Divest Mexican Copper Mine
Canadian miner Capstone Copper Corp. is seeking to sell a copper mine in Mexico to focus its growth efforts in Chile, according to people familiar with the matter. This move adds to a recent wave of transactions involving the red metal (copper). The company has hired Scotiabank to launch the sales process for the Cozamin underground mine, which also produces silver. The mine, reportedly one of Capstone's smaller assets, is valued at about $400 million. (Bloomberg)
Source: Wallstreetcn The copyright of this article belongs to the original author/organization.
The views expressed herein are solely those of the author and do not reflect the stance of the platform. The content is intended for investment reference purposes only and shall not be considered as investment advice. Please contact us if you have any questions or suggestions regarding the content services provided by the platform.
Post your comment
No Comments