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14 Apr
15:23

Hudbay Minerals to acquire Copper Mountain Mining in $439m all-shares deal

Ontario-based Hudbay Minerals is acquiring struggling Copper Mountain Mining Corp in an all-shares $439 million deal that will create the third-largest copper producer in Canada, Kallanish reports. The companies say the definitive agreement will create what the companies call a premier Americas-focused copper mining company with three long-life mines and a world-class pipeline of copper growth projects. The operating mines are in Canada (two) and Peru, and Hudbay …
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