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Provider: Reuters Investment Profile

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Capstone Mining Corp Provides Update On Pinto Valley Acquisition

Tuesday, 11 Jun 2013 06:30am EDT 

Capstone Mining Corp. announced that it entered into an agreement with BHP Copper Inc., a subsidiary of BHP Billiton Ltd. (BHP Billiton), to purchase the Pinto Valley copper mining operation and the associated San Manuel Arizona Railroad Company in Arizona, USA for USD650 million. The Transaction has been granted approval to proceed by the U.S. Federal Trade Commission (FTC) under the Hart-Scott Rodino Antitrust Improvements Act. 

Company Quote

-0.02 -1.42%
11:42am EDT