Sierra Gorda copper mine
Sector: Metal • Location: Antofagasta Region, Chile
Source: Financial Conduct Authority (FCA)
South32 Limited acquired a 45% interest in the Sierra Gorda copper mine in Chile for an upfront cash payment of US$1.4 billion plus contingent consideration up to US$500 million payable between 2022-25. The mine will contribute to earnings and provide long-term exposure to copper. FY22 production guidance includes 7.9 million dry metric tonnes ore processed and 27 kt copper production. Capital exp
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Participants
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Company | Obfuscated Data |
Status
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Taiyo last update | 00-00-0000 |
Available timestamps | 00-00-0000 |
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Contact
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Description
Description | South32 Limited acquired a 45% interest in the Sierra Gorda copper mine in Chile for an upfront cash payment of US$1.4 billion plus contingent consideration up to US$500 million payable between 2022-25. The mine will contribute to earnings and provide long-term exposure to copper. FY22 production guidance includes 7.9 million dry metric tonnes ore processed and 27 kt copper production. Capital expenditure guidance totals US$65 million. |
Original sub-sector | Obfuscated |
Original Currency | USD |
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Location
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Source
Source reliability | High |
Data quality score | 100% |
Source | Obfuscated Data |
URL | obfuscated_data,obfuscateddata.com |
More Details
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