M&A

Hudbay sees "copperunity" with US$439 million Copper Mountain deal

Hudbay Minerals sees "coppertunity" to grow its copper business and enhance its environmental performance through a US$439 million all-stock deal to acquire Copper Mountain Mining, Hudbay Minerals chief executive Peter Kukielski told Mining Journal.

Copper Mountain Mining's Copper Mountain mine in British Columbia, Canada

Copper Mountain Mining's Copper Mountain mine in British Columbia, Canada

The transaction, unanimously approved by the boards of both companies, will see Hudbay's production increase to 150,000tpa of red metal and 300,000oz of gold. Each Copper Mountain shareholder receives...

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.