CAPITAL MARKETS

Glencore wraps up Mina Justa due diligence

COMPLETING internal due diligence on its $US475 million ($A492 million) acquisition of CST Mining's 70% stake in the Mina Justa copper project in Peru, Swiss metals giant Glencore International now has until the end of next month to finalise all conditions precedent ahead of the December deadline.

MiningNews.Net
Glencore wraps up Mina Justa due diligence

Hong Kong-listed CST intends to use the funds from the sale to further develop its Lady Annie copper operations in Queensland. It acquired Mina Justa in the $244 million takeover of Toronto-listed...

Start a free trial to continue reading this article
Already have an account?  
Subscribe now

A growing series of reports, each focused on a key discussion point for the mining sector, brought to you by the Mining News Intelligence team.

A growing series of reports, each focused on a key discussion point for the mining sector, brought to you by the Mining News Intelligence team.

editions

MiningNews.net Research Report 2024

Access a multi-pronged tool to identify critical risks and opportunities in Australia’s mining industry.

editions

Mining Journal Intelligence Investor Sentiment Report 2024

Survey revealing the plans, priorities, and preferences of 120+ mining investors and their expectations for the sector in 2024.

editions

Mining Journal Intelligence Mining Equities Report 2023

Access an exclusive, inside look on the quarterly mining IPOs and secondary raisings data and mining equities performance tables with an annual Stock Exchange Comparisons supplement.

editions

Mining Journal Intelligence World Risk Report 2023 (feat. MineHutte ratings)

A detailed analysis of mining investment risks across 121 jurisdictions globally, built on 11 ‘hard risk’ metrics and an industrywide survey.