Oct 09, 2020 Japanese conglomerate Sumitomo is mulling the sale of its 45 stake in the Sierra Gorda copper-molybdenum mine in northern Chile, the company announced on Thursday October 8. Sumitomo Metal Mining and Sumitomo Corp hold stakes of 31.5 and 13.5 respectively in Sierra Gorda currently, while Polish state-owned miner KGHM holds the remaining 55.
Mar 25, 2021 Investors have been keen for information on KGHMs plans regarding Sierra Gorda mine, its flagship foreign asset, after its Japanese partner Sumitomo Metal Mining put its 45 stake on the block ...
Mar 25, 2021 Investors have been keen for information on KGHMs plans regarding Sierra Gorda mine, its flagship foreign asset, after its Japanese partner Sumitomo Metal Mining 5713.T put its 45 stake on the ...
Mar 25, 2021 Investors have been keen for information on KGHMs plans regarding Sierra Gorda mine, its flagship foreign asset, after its Japanese partner Sumitomo Metal Mining put its 45 stake on the block last October. Reporting by Agnieszka Barteczko and Anna Koper Editing by Susan Fenton
May 20, 2021 Japanese miner Sumitomo Metal TYO 5713 is selling its 45 stake in Sierra Gorda copper mine in northern Chile, majority-owned by Polish miner KGHM WSE KGH. BMO Capital Markets analyst Edward Sterck estimates the present value of Sumitomo stake is around 513 million, assuming the mine achieves design cost and production rates.
Oct 09, 2020 Oct 9, 2020 453AM EDT. Japans Sumitomo Corp and Sumitomo Metal Mining Co Ltd are considering selling their stakes in Sierra Gorda copper mine in Chile alongside other options, Sumitomo
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Oct 09, 2020 Japans Sumitomo Corp and Sumitomo Metal Mining Co Ltd are considering selling their stakes in Sierra Gorda copper mine in Chile alongside other options, Sumitomo Corp said on Friday.... August 13, 2021 ... Sumitomo Metal Mining owns 31.5 stake in the mine and Sumitomo Corp holds a 13.5 stake. ... 4,45 Capitalization 1 980 B 18 033 M 18 ...
May 16, 2011 To jointly develop 2.9 bln Sierra Gorda copper mine ... to form a joint venture with Japans Sumitomo Metal Mining 5713.T and Sumitomo Corp 8053.T to develop its Sierra Gorda copper-molybdenum ..
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Mar 05, 2021 Investors have also been keen for details on KGHMs plans regarding Chilean Sierra Gorda mine, its flagship foreign asset, where it has a 55 stake, after its Japanese partner Sumitomo Metal ...
May 16, 2011 Canadian copper miner Quadra FNX said it has agreed to form a joint venture with Japans Sumitomo Metal Mining and Sumitomo Corp to develop its Sierra Gorda
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Oct 08, 2020 Since September 2011, the Sierra Gorda mine has been a joint venture by KGHM International 55 percent, Sumitomo Metal Mining 31.5 percent and Sumitomo Corporation 13.5 percent.
Feb 16, 2016 We want to maintain our strategic relations with Sumitomo, assures Mirosaw Biliski, Vice-President of the Management Board of KGHM. KGHM has a 55 percent stake, and the Sumitomo group 45 percent, in the joint venture company Sierra Gorda SCM. Department of Communication and
May 16, 2011 The JV with Sumitomo and the development of Sierra Gorda will provide Quadra FNX with a large, long-life, low-cost copper project, which will allow us to move past our strategic objective of 500 ...
Jan 20, 2012 Sumitomo owns a 45 stake in Sierra Gorda. Quadra FNX exploration projects include the Kirkwood, Falconbridge and Foy projects in the Sudbury region in Canada. The company also owns a minority stake in Capstone Mining. The Sierra Gorda project hosts 1.3 billion mt of copper-gold-molybdenum ore in proven and probable reserves.
Nov 11, 2016 TOKYO, Nov 11 Reuters - Japans Sumitomo Metal Mining Co Ltd on Friday cut the 2016 output estimate for its Sierra Gorda copper mine in Chile by 5 percent due to a slower-than-expected ramp-up. The Japanese miner, which owns a 31.5 percent stake in the Sierra Gorda, now expects 92,000 tonnes in copper concentrate production in 2016, down from ...
Japanese company Sumitomo Corp. owns a 45 percent stake in that venture. Copper production from Sierra Gorda is expected to begin in 2014 and exceed 200,000 metric tons each year.
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Oct 12, 2020 Sierra Gorda is located in the richest copper basin in Chile the Atacama desert in the Antofagasta region. Japanese miner Sumitomo Metal TYO 5713 said on Thursday it was reviewing its strategic options regarding its minority stake in Sierra Gorda copper mine in northern Chile, majority-owned by Polish miner KGHM WSE KGH.
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Nov 15, 2019 According to Baeza, unwavering support from its main shareholders, particularly during the toughest periods, contributed to the success of Sierra Gorda SCM. Sumitomo Metal Mining and Sumitomo Corp. have a 45 percent stake in the mining operations, while the remaining 55 percent is
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Nov 09, 2020 Last month, Japanese conglomerate Sumitomo also put its 45 stake in the Sierra Gorda copper-molybdenum mine in northern Chile up for sale. Mitsuis offloading announcement comes despite the copper price rebounding strongly in recent months.
Mar 04, 2021 Investors have also been keen for details on KGHMs plans regarding Chilean Sierra Gorda mine, its flagship foreign asset, where it has a 55 stake, after its Japanese partner Sumitomo Metal Mining put its 45 on the block last October with the help of RBC Capital Markets. Sources at the time said KGHM would not take on the rest of the mine.
Sumitomo Metal Mining Co., Ltd. Japan and Sumitomo Corporation Japan in its acquisition of a 45 stake in the Sierra Gorda project in Chile from Quadra FNX Mining Ltd. Canada 2011 Bucyrus International, Inc. U.S. in its 1.3 billion acquisition of the mining equipment business of Terex Corporation U.S. 2010 Lihir Gold Ltd. Papua New
Mar 04, 2021 Investors have also been keen for details on KGHMs plans regarding Chilean Sierra Gorda mine, its flagship foreign asset, where it has a 55 stake, after its Japanese partner Sumitomo Metal ...
Sumitomo Metal Mining Exec Expect Copper Output At Sierra Gorda Mine To Increase To 101,000 Tonnes In Calendar 2018 From 97,000 Tonnes In 2017
Sumitomo Metal Mining and Sumitomo in their acquisition of a 45 percent stake in the Sierra Gorda copper-molybdenum project in Chile. Nippon Steel in its 350 million joint venture with Ternium for the manufacturing and sale of hot-dip galvanized and galvannealed steel sheets to serve the Mexican automobile market.
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Oct 08, 2020 Sumitomos reported plan to sell its minority stake in the KGHM-controlled Sierra Gorda copper JV is likely to draw interest from other non-mining specialists, according to BMO analyst Edward ...
Oct 08, 2020 Japanese miner Sumitomo Metal TYO 5713 said on Thursday it was reviewing its strategic options regarding its minority stake in Sierra Gorda copper mine in northern Chile, majority-owned by ...
Oct 08, 2020 Sierra Gorda, which began production in 2014, has constantly failed to meet expectations due to challenging metallurgy and difficulties in using seawater for processing. BMO Capital Markets analyst Edward Sterck estimates the present value of Sumitomo stake is around 513 million, assuming the mine achieves design cost and production rates.