BHP bets billions on Chile mines to face global copper crunch
BHP detailed to investors this week plans to spend $10.7 billion to $14.7 billion within about 10 years.
Anglo American plc announced today the completion of its sale of a 4.1% stake in Anglo American Sur to Codelco and Mitsui following clearance of the transaction by competition authorities in Brazil.
Under the terms of the August 23, 2012 agreement, Anglo American sold the stake for a cash consideration of approximately USD 890 million.
Tags: Anglo American plc, Corporación Nacional del Cobre de Chile – CODELCO, Diversified Metals & Mining, Mitsui & Co. Ltd.
Source (English): QinetiQ Group plc