sumitomo buys 45 stake in sierra gorda
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sumitomo buys 45 stake in sierra gorda

Sumitomo to sell stake in Sierra Gorda copper mine ...

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

Poland's KGHM has no plans to change its stake in Sierra ...

Mar 25, 2021  Investors have been keen for information on KGHM's plans regarding Sierra Gorda mine, its flagship foreign asset, after its Japanese partner Sumitomo Metal Mining 5713.T put its 45% stake

Sumitomo mulls sale of stake in copper-moly mine Sierra ...

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%.

Sumitomo to sell stake in Sierra Gorda - reports - Mining ...

Sumitomo to sell stake in Sierra Gorda - reports ... Bloomberg reported on Thursday that Sumitomo was planning to sell its 45% stake in the Chile asset, ... New Gold to buy 15% stake in Harte for ...

KGHM has no plans to change its stake in Sierra Gorda mine

Investors have been keen for information on KGHM's plans regarding Sierra Gorda mine, its flagship foreign asset, after its Japanese partner Sumitomo Metal Mining put its 45% stake on the block ...

KGHM has no plans to change its stake in Sierra Gorda mine ...

Mar 25, 2021  Investors have been keen for information on KGHM’s plans regarding Sierra Gorda mine, its flagship foreign asset, after its Japanese partner Sumitomo Metal Mining put its 45% stake

Poland's KGHM has no plans to change its stake in Sierra ...

Mar 25, 2021  Investors have been keen for information on KGHM's 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)

Poland's KGHM has no plans to change its stake in Sierra ...

Mar 25, 2021  Investors have been keen for information on KGHM's plans regarding Sierra Gorda mine, its flagship foreign asset, after its Japanese partner Sumitomo Metal Mining 5713.T put its 45% stake

Sumitomo Metal Mining to Sell Stake in Sierra Gorda Copper ...

Sumitomo Metal Mining to Sell Stake in Sierra Gorda Copper Mine. Energy Main Stories. Sumitomo Metal Mining to Sell Stake in Sierra Gorda Copper Mine. October 9, 2020. editor. Asian giant said that selling is 45% holding in the mine was one of the routes to be explored with its financial and legal advisors, RBC Capital Markets and Sullivan ...

KGHM has no plans to change its stake in Sierra Gorda mine

Investors have been keen for information on KGHM's plans regarding Sierra Gorda mine, its flagship foreign asset, after its Japanese partner Sumitomo Metal Mining put its 45% stake on the block ...

Receipt of information on the commencement by Sumitomo of ...

The Management Board of KGHM Polska Miedź S.A. („Company”) announces that on 7 October 2020 the Management Board of the Company was informed by Sumitomo Metal Mining Co., Ltd., Sumitomo Corporation and SMM Sierra Gorda Inversiones Limitada („Sumitomo”) of the planned commencement of the process of sale of Sumitomo’s 45% interest in the joint venture company Sierra Gorda SCM

Sumitomo to sell stake in Sierra Gorda copper mine - The ...

Sumitomo to sell stake in Sierra Gorda copper mine Posted By: George Agelopoulos October 8, 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 Polish miner KGHM (WSE: KGH).

Poland's KGHM has no plans to change its stake in Sierra ...

Mar 25, 2021  Investors have been keen for information on KGHM's 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)

Mining Weekly - KGHM has no plans to change its stake in ...

Investors have been keen for information on KGHM's plans regarding Sierra Gorda mine, its flagship foreign asset, after its Japanese partner Sumitomo Metal Mining put its 45% stake on the block ...

Polish copper giant KGHM's partner may sell its stake in ...

"The Management Board of KGHM Polska Miedź announces that on October 7, 2020, it was informed by Sumitomo Metal Mining Co., Ltd., Sumitomo Corporation and SMM Sierra Gorda Inversiones Limitada about the planned commencement of the sale process of 45 percent of shares held by Sumitomo in the Sierra Gorda SCM joint venture," the press release read.

Engineering News - KGHM has no plans to change its stake ...

Investors have been keen for information on KGHM's plans regarding Sierra Gorda mine, its flagship foreign asset, after its Japanese partner Sumitomo Metal Mining put its 45% stake on the block ...

Polish copper giant KGHM's partner may sell its stake in ...

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).

Good news for Quadra's Sierra Gorda - The Northern Miner

May 16, 2011  Quadra FNX (QUX-T) is hooking up with Sumitomo to develop the sizable Sierra Gorda copper-molybdenum project in Chile.. On May 16, it signed a definite joint-venture agreement with Sumitomo and released a positive feasibility study for Sierra Gorda. “What today’s announcement means to us is we are now poised to achieve our long-standing goal of 500 million lbs. of copper (per

KGHM continues its good cooperation with Sumitomo KGHM ...

We want to maintain our strategic relations with Sumitomo,” assures Mirosław Biliński, 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 CSR . KGHM Polska Miedź SA

Receipt of information on the commencement by Sumitomo of ...

The Management Board of KGHM Polska Miedź S.A. („Company”) announces that on 7 October 2020 the Management Board of the Company was informed by Sumitomo Metal Mining Co., Ltd., Sumitomo Corporation and SMM Sierra Gorda Inversiones Limitada („Sumitomo”) of the planned commencement of the process of sale of Sumitomo’s 45% interest in the joint venture company Sierra Gorda SCM

Sumitomo to sell stake in Sierra Gorda copper mine - The ...

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 that the present value of Sumitomo’s stake is around US$513 million, assuming the mine achieves design cost and production ...

Sumitomo Metal Mining, Sumitomo Corp may sell Chile copper ...

Oct 09, 2020  TOKYO, Oct 9 (Reuters) - Japan's Sumitomo Corp 8053.T and Sumitomo Metal Mining Co Ltd 5713.T are considering selling their stakes in Sierra Gorda copper mine

Engineering News - KGHM has no plans to change its stake ...

Investors have been keen for information on KGHM's plans regarding Sierra Gorda mine, its flagship foreign asset, after its Japanese partner Sumitomo Metal Mining put its 45% stake on the block ...

Polish copper giant KGHM's partner may sell its stake in ...

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).

Sumitomo Leaving Project...One to which Paul is referring?

Nov 24, 2020  Japanese miner and smelter Sumitomo Metal Mining is reviewing its strategic options regarding its minority stake in the Sierra Gorda copper mine in northern Chile, majority owned by Polish miner KGHM. The Asian giant announced that selling its 45% holding in the mine was one of the routes to be explored with its financial and legal advisors ...

KGHM continues its good cooperation with Sumitomo KGHM ...

We want to maintain our strategic relations with Sumitomo,” assures Mirosław Biliński, 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 CSR . KGHM Polska Miedź SA

KGHM, miners at Chile's Sierra Gorda in talks to avoid strike

Sierra Gorda, a joint venture 55 percent owned by Europe's No. 2 copper miner KGHM and 45 percent by Japan's Sumitomo Metal Mining Co Ltd, is slated to produce 120,000 tonnes of copper annually by ...

KGHM Extending Reach with Offer for Quadra FNX E MJ

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.

Good news for Quadra's Sierra Gorda - The Northern Miner

May 16, 2011  Quadra FNX (QUX-T) is hooking up with Sumitomo to develop the sizable Sierra Gorda copper-molybdenum project in Chile.. On May 16, it signed a definite joint-venture agreement with Sumitomo and released a positive feasibility study for Sierra Gorda. “What today’s announcement means to us is we are now poised to achieve our long-standing goal of 500 million lbs. of copper (per

Sumitomo Metal Mining cuts 2016 Sierra Gorda copper output ...

Nov 11, 2016  TOKYO, Nov 11 (Reuters) - Japan's 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 ...

Sierra Gorda Copper-Molybdenum Mine - Mining Technology ...

Acquired from Quadra FNX, the mine is a joint venture between KGHM (55%), Sumitomo Metal Mining (31.5%), and Sumitomo (13.5%). Sierra Gorda mine location, geology, mineralisation and reserves. The Sierra Gorda mine is located in the northern Region II of Chile, approximately 4km from the town of Sierra Gorda.

Premier Mining Industry Practice - Sullivan Cromwell

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

Quadra FNX, Sumitomo to partner on Sierra Gorda Mining ...

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

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