M&A

Cobriza sells for US$20M to China's Andes Natural Resources

China’s Andes Natural Resources Group has acquired the La Cobriza copper mine in Huancavelica, Peru, as part of the liquidation of Doe Run Peru, for US$20.1 million, paying slightly above the reference price of $19.6 million.

Chio Meng Leung of Andes Natural Resources (right) agrees to buy Cobriza

Chio Meng Leung of Andes Natural Resources (right) agrees to buy Cobriza

"We are going to upgrade the Cobriza mine with a view to developing its export by January or February. We want to export more or less 10,000 tons of concentrates per month to China," said company representative...

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 farming sector, brought to you by the Kondinin team.

A growing series of reports, each focused on a key discussion point for the farming sector, brought to you by the Kondinin team.

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.

editions

Mining Journal Intelligence Global Leadership Report 2023: Social licence

Gain insights into social licence trends and best practices from interviews with 20+ top mining company executives and an industrywide survey.