Mitsubishi Materials

White Gold Corp. Identifies Multiple Prospective IP Chargeability Anomalies on Two Large Multi-Element Porphyry Targets in Close Proximity to the Casino Copper-Gold Porphyry Deposit, Yukon, Canada

Retrieved on: 
Wednesday, March 27, 2024

All data collected thus far on these large early-stage targets continue to support a porphyry deposit model.

Key Points: 
  • All data collected thus far on these large early-stage targets continue to support a porphyry deposit model.
  • The new IP looked deeper than any previous geophysical surveys and demonstrates potential at depth beneath these large multi-element soil anomalies.
  • It’s now recommended to follow up with more IP survey lines to cover this large developing porphyry target.
  • The Bridget and Isaac targets represent large, early-stage, multi-element porphyry targets that have never been diamond drill tested.

Hudbay and Copper Mountain Announce Filing of Joint Management Information Circular in Connection with Proposed Combination and Support from Largest Shareholders

Retrieved on: 
Thursday, May 18, 2023

The combined company will be the third largest copper producer in Canada based on 2023 estimated copper productioni.

Key Points: 
  • The combined company will be the third largest copper producer in Canada based on 2023 estimated copper productioni.
  • Zeta Resources Limited, the largest shareholder of Copper Mountain, holding 21,359,745ii Copper Mountain shares representing approximately 9.96% ownership of Copper Mountain on a non-diluted basis, intends to vote in favour of the Transaction.
  • Katsuyoshi Isaji, Managing Executive Officer and President, Metals Company, Mitsubishi Materials Corporation, the 25% minority owner of the Copper Mountain Mine, commented, “We fully support the combination of Hudbay and Copper Mountain.
  • Hudbay and Copper Mountain shareholders are encouraged to read the Meeting Materials carefully and in their entirety.

SAP Announces Q2 2022 Results

Retrieved on: 
Thursday, July 21, 2022

The Q1-Q2 2022 results were also impacted by other effects.

Key Points: 
  • The Q1-Q2 2022 results were also impacted by other effects.
  • Customers continue to expand their SAP landscape: Microsoft invested in "RISE with SAP", while GlobalFoundries, HeidelbergCement, Malaysia Airlines, and Mapletree Investments combined the "RISE with SAP" offering with further solutions.
  • On May 4, SAP and Google Cloud announced an expansion of their relationship, unveiling new integrations between Google Workspace and SAP's flagship cloud ERP, SAP S/4HANA Cloud.
  • On May 18, SAP announced that the Annual General Meeting of Shareholders of SAP SE approved all proposals of the Executive Board and Supervisory Board.

Mich Resources Announces Revised Agreements to Consolidate the Pecoy Copper Project and $21 Million Financing, Including Strategic Investment by Two Senior Canadian Mining Companies

Retrieved on: 
Monday, June 27, 2022

VANCOUVER, British Columbia, June 27, 2022 (GLOBE NEWSWIRE) -- Mich Resources Ltd. (CSE: MICH) (“Mich” or the “Company”) is pleased to announce that it has entered into updated definitive agreements with Pembrook Copper Corp. (“Pembrook”), Minera Andina de Exploraciones SAA (“MinAndex”) and Carlos Mauricio Carlessi Vargas (“Carlessi” and together with Pembrook and MinAndex, the “Vendors”) pursuant to which a total of 142,700,000 pre-Consolidation (as defined below) common shares of the Company plus approximately US$4.5 million in cash will be issued to the Vendors (the “Consideration”) to acquire and consolidate 100% of the Pecoy Copper Project (“Pecoy”), a large-scale copper porphyry project located on-trend with numerous prolific copper deposits in Southern Peru (the “Transaction”). Concurrent with completion of the Transaction, it is anticipated that the Company will complete a 5 for 1 share consolidation (the “Consolidation”) and change its name to Miko Copper Corp.

Key Points: 
  • Pecoy is an advanced copper exploration project located 177 km northwest of Arequipa within the Cretaceous copper porphyry belt of Peru, host to the Zafranal copper porphyry property (Teck Resources Ltd. and Mitsubishi Materials Corp.) located approximately 100 km to the southeast of Pecoy.
  • Pecoy is located within the Peruvian coastal desert region which grades into the Atacama desert further south in Chile.
  • Topography within the project area ranges from 700 m at the Rio Ocona, to slightly more than 4,000 m at the highest ridges.
  • The Pecoy project to be acquired by the Company comprises all rights and title to Pecoy currently held by the Vendors.

Mitsubishi Materials Launches New Website to Propose Solutions to 'Control the Heat' in xEVs

Retrieved on: 
Monday, June 6, 2022

The New Thermal Management Solutions Website is as follows: https://www.mmc.co.jp/adv/thermal/en

Key Points: 
  • The New Thermal Management Solutions Website is as follows: https://www.mmc.co.jp/adv/thermal/en
    The new website allows the user to search for the thermal management solution by two methods, "Searching by Automobile parts", or "Searching by Products".
  • If you want to search by products, the website offer solutions using Mitsubishi Materials products, the AuSn Paste and the Thermistor Sensor.
  • The products and solutions represented on the new website have achieved great results for Mitsubishi Materials existing customers.
  • Mitsubishi Materials, with a rich history of over 150 years, has many businesses such as "Electronic Materials and Components", "Metals Business", etc.

Capstone Mining Receives Final Regulatory Approval to Combine with Mantos Copper to Create Capstone Copper Corp.

Retrieved on: 
Friday, March 11, 2022

The common shares of Capstone Copper Corp. will trade on the TSX under the symbol CS, in substitution for the common shares of the Company.

Key Points: 
  • The common shares of Capstone Copper Corp. will trade on the TSX under the symbol CS, in substitution for the common shares of the Company.
  • For more details on the Transaction, please refer to the news release dated November 30, 2021 entitled Capstone and Mantos Copper Combine to Create Capstone Copper, A Premier Copper Producer With Transformational Near-Term Growth available at www.capstonemining.com and on SEDAR.
  • Capstone Mining Corp. is a Canadian base metals mining company, focused on copper.
  • Mantos Copper owns 99.99% of Mantos Blancos and 69.99% of Mantoverde, with Mitsubishi Materials Corporation owning the remaining 30.00% of Mantoverde.

Capstone Receives Approval from the Supreme Court of British Columbia for Business Combination with Mantos Copper

Retrieved on: 
Thursday, March 3, 2022

For more details on the Transaction, please refer to the news release dated November 30, 2021 entitled Capstone and Mantos Copper Combine to Create Capstone Copper, A Premier Copper Producer With Transformational Near-Term Growth available at www.capstonemining.com and on SEDAR.

Key Points: 
  • For more details on the Transaction, please refer to the news release dated November 30, 2021 entitled Capstone and Mantos Copper Combine to Create Capstone Copper, A Premier Copper Producer With Transformational Near-Term Growth available at www.capstonemining.com and on SEDAR.
  • On November 30, 2021, Capstone and Mantos Copper announced that they have entered into a definitive agreement to combine pursuant to a plan of arrangement under the Business Corporations Act (British Columbia) (the Transaction).
  • Upon completion of the Transaction, the new company will be named Capstone Copper Corp.
    Capstone Mining Corp. is a Canadian base metals mining company, focused on copper.
  • Mantos Copper owns 99.99% of Mantos Blancos and 69.99% of Mantoverde, with Mitsubishi Materials Corporation owning the remaining 30.00% of Mantoverde.

Capstone Shareholders Overwhelmingly Approve Transaction with Mantos Copper to Create Capstone Copper

Retrieved on: 
Monday, February 28, 2022

Darren Pylot, CEO of Capstone, commented, I would like to thank our shareholders for supporting this transaction.

Key Points: 
  • Darren Pylot, CEO of Capstone, commented, I would like to thank our shareholders for supporting this transaction.
  • The total number of Capstone Shares represented by Shareholders present in person or by proxy at the Meeting was 284,138,589, representing in total 68.71% of the issued and outstanding Capstone Shares.
  • At the Meeting, Shareholders approved the Arrangement Resolution with approximately 99.95% of the votes cast at the Meeting in favour of the Arrangement.
  • Mantos Copper owns 99.99% of Mantos Blancos and 69.99% of Mantoverde, with Mitsubishi Materials Corporation owning the remaining 30.00% of Mantoverde.

Showa Aluminum, a Portfolio Company Owned by Apollo Funds, to Acquire Mitsubishi Materials’ Aluminum Business

Retrieved on: 
Thursday, November 25, 2021

The transaction presents a transformational opportunity for Showa Aluminum to become an integrated, value-added aluminum engineering and packaging group.

Key Points: 
  • The transaction presents a transformational opportunity for Showa Aluminum to become an integrated, value-added aluminum engineering and packaging group.
  • Apollo will leverage its global expertise in both the aluminum and packaging industries to help the businesses further enhance their value proposition and growth, including in the sustainable aluminum packaging sector.
  • For Apollo, the transaction demonstrates its investment thesis to grow Showa Aluminums business in the region, including inorganic growth through add-on transactions.
  • We are also pleased to have worked with Mitsubishi Materials to structure a carve-out that meets their business portfolio transformation needs.

ICMM makes landmark climate commitment to net zero by 2050 or sooner

Retrieved on: 
Tuesday, October 5, 2021

The High-Level Climate Action Champions encourage members to strive to set the most ambitious science-based targets possible in line with the criteria of the Race to Zero campaign."

Key Points: 
  • The High-Level Climate Action Champions encourage members to strive to set the most ambitious science-based targets possible in line with the criteria of the Race to Zero campaign."
  • Thesecommitmentsare additional to and have been incorporated into an update ofICMM's Climate Change Position Statement which had several pre-existing commitments on performance and disclosure.
  • Action on climate change is an integral part of ICMM's Mining Principles , representing the comprehensive commitment toaresponsible miningand metals industry.
  • ICMM is an international organisation dedicated to a safe, fair and sustainable mining and metals industry.