Constantine shareholders will receive 0.881 shares of American Pacific, representing a 48% premium to the value of the 20-day average share price of Constantine equity.
The restart plan involves de-bottlenecking and completing critical capital projects and building up stope ore inventory to achieve a more efficient ramp up.
World’s largest copper producer blaming lower recovery levels and ore grades at the Chuquicamata site, as it also deals with fatal accidents halting some construction works.