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Top related persons:
Ruben Sprich - 1 Glencore - 1 Mara - 1 El - 1 Canada's Lundin - 1 Jack Lundin - 1 Lundin - 1 Hudbay - 1
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Thoerishaus Bern Miner Agua Rica Argentine Josemaria Chile Santo
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REUTERS - 1 Sumitomo Metal Mining - 1 Sumitomo - 1 BHP Group - 1 BHP - 1 Santo Domingo - 1 Hudbay - 1 Capstone - 1

Search resuls for: "Taca Taca"


2 mentions found


☆ Exclusive: Miners seek partners for copper assets as M&A heats up
  + stars: | 2023-10-11 | by ( Clara Denina Divya Rajagopal Julian Luk | Clara Denina | Divya Rajagopal | ) www.reuters.com   time to read: +4 min
Used copper wires are seen in a recycling company in Thoerishaus near Bern July 3, 2011. Copper producers increasingly want to share the risk and costs of projects, and the sector has already seen a jump in M&A activity, which more than doubled year-on-year to $14.24 billion in 2022. Miner and trader Glencore (GLEN.L) has been approached by potential investors in its Argentine copper projects Minera Agua Rica Alumbrera (Mara) and El Pachon, two sources said. According to Argentine government data, the projects could produce a combined 435,000 tonnes of copper a year. Both sources declined to be named because the information is not public.
Persons: Ruben Sprich, Glencore, Mara, El, Canada's Lundin, Jack Lundin, Lundin, Hudbay, EY, Paul Mitchell, Farid Dadashev, Clara Denina, Divya Rajagopal, Julian Luk, Veronica Brown, Jan Harvey Organizations: REUTERS, Sumitomo Metal Mining, Sumitomo, Reuters, BHP Group, BHP, Santo Domingo, Hudbay, Capstone, Taca Taca, Global Mining, Metals, RBC Capital Markets, Thomson Locations: Thoerishaus, Bern, Miner, Agua Rica, Argentine, Josemaria, Chile, Santo, Arizona, Rio Tinto's, Peru, Argentina
☆ Red metal rising: Argentina sets lofty sights on global copper top 10
  + stars: | 2023-05-08 | by ( Lucila Sigal | ) www.reuters.com   time to read: +4 min
The South American country has a pipeline of copper projects that could produce 793,000 tonnes a year by the end of the decade, government forecasts show, well below neighboring No. Reuters GraphicsBRIDGING THE DEMAND GAPSan Juan is home to five of Argentina's eight main copper projects that have a total capex of $22 billion, a recent government report shows. Argentina has an estimated 65 million tonnes of copper reserves, according to a 2022 government report, some 3% of the global total. "The projects we have are of global importance and relevance because it's estimated that demand for copper between now and 2050 could be multiplied," he said. Copper demand is forecast to double to 50 million tonnes by 2050 from 2020 levels.
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