Sustained copper demand from China driving market moves. Minmetals Resources Ltd has agreed to buy Africa-focused copper miner Anvil Mining for HK$10 billion ($1.3 billion) as the State-controlled ...

Feb 10, 2012· Anvil Mining Ltd., which produces copper in Africa, said a takeover by Minmetals Resources Ltd. can proceed after the Democratic Republic …

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In 2012, it almost stopped the acquisition of Anvil Mining NL by China’s Minmetals Resources Ltd. The deal proceeded after they reached an agreement that included Anvil …

Jan 16, 2017· In 2012, it almost stopped the acquisition of Anvil Mining NL by China’s Minmetals Resources Ltd. The deal proceeded after they reached an agreement that included Anvil …

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Beijing - China's Minmetals has submitted a first-round bid for Glencore-Xstrata's $5.9 billion Las Bambas copper mine in Peru, Gu Liangmin, managing director of the state-owned metals and mining ...

MINMETALS RESOURCES 2012 INTERIM REPORT INTERIM REPORT FOR THE SIX MONTHS ENDED ... » Completion of the acquisition of Anvil and its ... This strategic acquisition established our foothold in the southern African copper belt and provides a platform for further growth.

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In what is being regarded as a major African mining play by a Chinese company, China's Minmetals Resources succeeded Friday in closing its $1.3 billion bid for copper miner Anvil Mining. Hong Kong ...

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Minmetals Resources Ltd., a subsidiary of China Minmetals Group, agreed to buy Anvil Mining Ltd. for HK$10 billion ($1.3 billion). Anvil's main property is the Kinsevere mine, being upgraded in 2011 to produce about 60,000 tons of copper annually.

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In 2012, it almost stopped the acquisition of Anvil Mining NL by China’s Minmetals Resources. The deal proceeded after they reached an agreement that included Anvil paying $55-million to Gecamines.

Anvil's acquirer, China Minmetals Corp., has learned its Canadian lessons well. Eight years ago, the state-owned company ignited a firestorm of controversy in Canada with its clumsy bid for ...

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Minmetals, a government-backed unit of China’s largest metals trader, said in a statement that Anvil’s Kinsevere mine in Congo is expected to produce 60,000 tonnes of copper cathode per annum, substantially boosting the group’s copper exposure and extend its average mine-life.

Sep 30, 2011· HONG KONG (Reuters) - Minmetals Resources Ltd (1208.HK) has agreed to buy Africa-focused copper miner Anvil Mining AVM.TO AVM.AX for $1.28 billion as the China government-controlled firm expands ...

China is banking on the proposed acquisition of a 74 per cent stake in African Barrick Gold Tanzania assets to drive its foray into the continent’s exploration business, which has been in the grip of

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Hong Kong-based Minmetals, a government-backed unit of China’s largest metals trader, said it has advised Anvil that the agreements with Gecamines and MCK are satisfactory. The $1.3bn offer for Africa-focused Anvil was announced last September.

Minmetals on Friday completed its C$1.3bn (US$1.3bn) acquisition of Anvil Mining, a Toronto-listed copper miner with assets in the Democratic Republic of Congo – a move that emphasises China’s ...