IKN

More matter with less art

Copper M&A in Peru today

Gestion this morning reports that Peru’s Minsur has agreed to buy the 70% of Marcobre owned by Hong Kong/China holding company CST Mining for $505m.
And yup, that’s the old Chariot Resources asset that was rejected by Glencore in November, a deal that was slated at $475m. 
This might be an interesting story to follow…

Leave a Reply

Your email address will not be published.

Hello, you are not in a chatroom, you are in my living room. Opposing views and criticisms welcome, insults or urinating on furniture unwelcome. Please refrain from swearing if possible, it is not needed.