Codelco, Anglo American to jointly operate copper mines in central Chile
Chilean state-run copper giant Codelco (COBRE.UL) and London-listed miner Anglo American signed a memorandum of understanding to jointly operate neighboring copper mines in central Chile, the companies announced on Thursday.
Anglo American and Codelco strike $5B copper deal
They will jointly develop their adjacent Los Bronces and Andina mines,in a bid to boost copper production without major investments.
Anglo American signs $5bn deal with Codelco for Chilean copper mines
The companies aim to enhance efficiency, resource utilisation and sustainability while maximising copper production in the region.
Codelco, Anglo American Set to Jointly Operate Neighboring Chile Mines, Newspaper Reports
SANTIAGO (Reuters) - Chilean state-run copper giant Codelco and London-listed miner Anglo American are set to announce a deal to jointly operate neighboring copper mines in central Chile, according to a report by newspaper La Tercera late on Wednesday.
Anglo American & Codelco partner to boost copper output
The joint operation is projected to generate a minimum pre-tax net present value (NPV) uplift of $5 billion over the life of the agreement, which will be equally shared between both companies.
Anglo Signs Copper Mine Development Pact With Chile’s Codelco
Anglo American Plc has signed a pact with Chile’s state mining company Codelco to jointly develop their adjacent Los Bronces and Andina operations.
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