Gold$2,045.30+0.52%
Silver$23.84-0.18%
Copper$3.85+1.23%
Platinum$912.40-0.33%
Iron Ore$118.50+2.14%
Nickel$16,892-0.89%

Hudbay Arizona Sonoran Deal Reshapes U.S. Copper And Valuation Debate

ByYahoo Finance
1 day ago
Source:Yahoo Finance
Hudbay Minerals Inc. logo
Related Company
Hudbay Minerals Inc.
$HBM
View Company →

Hudbay Minerals (TSX:HBM) has agreed to acquire Arizona Sonoran Copper Company in an all share transaction. The deal will combine Arizona Sonoran’s Cactus project with Hudbay’s Copper World development in Arizona. The combined assets are expected to form the third largest copper district in North America and expand Hudbay’s U.S. copper production pipeline. Hudbay Minerals, a diversified mining company with a focus on copper, is effectively redrawing its business profile with this move...

Hudbay Minerals (TSX:HBM) has agreed to acquire Arizona Sonoran Copper Company in an all share transaction. The deal will combine Arizona Sonoran’s Cactus project with Hudbay’s Copper World development in Arizona. The combined assets are expected to form the third largest copper district in North America and expand Hudbay’s U.S. copper production pipeline. Hudbay Minerals, a diversified mining company with a focus on copper, is effectively redrawing its business profile with this move...

Continue reading on
Yahoo Finance
Read Full Article →
◆ ◆ ◆