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UK-Based Copper Mining Group, Antofagasta Acquires Remaining 49 percent Stake In Antomin
Antofagasta PLC has acquired the remaining 49% stake in Antomin Limited, a Chile-based mineral exploration company, from Mineralinvest Establishment for a consideration of $243 million.
Freeport’s Phelps Deal May Spur More Mining Takeovers
Freeport-McMoRan Copper & Gold Inc.’s plan to buy Phelps Dodge Corp. for $25.5 billion may signal the mining industry’s yearlong buying spree is far from over because of lofty metals prices and a shortage of new mines.
As many as 975 mining mergers and acquisitions worth more than $157 billion have been proposed this year, according [...]
