Quellaveco mine

Mitsubishi Corporation Announces New Participation in the Marimaca Copper Project in Chile

Retrieved on: 
Thursday, June 22, 2023
Strategic Investment Group, Altitude, Life, Quellaveco mine, MC, Carbon, Wind, Copper, Mining, Water, Project, Knowledge, Growth, Transport, Uranium mining

TOKYO, June 22, 2023 - (JCN Newswire) - Mitsubishi Corporation ("MC") is pleased to announce that it has entered into a share subscription agreement with Marimaca Copper Corp. ("Marimaca" or the "Company").

Key Points: 
  • TOKYO, June 22, 2023 - (JCN Newswire) - Mitsubishi Corporation ("MC") is pleased to announce that it has entered into a share subscription agreement with Marimaca Copper Corp. ("Marimaca" or the "Company").
  • Marimaca is a publicly-listed Canadian company focused on the development of the Marimaca Copper Project (the "Project") located in Chile.
  • The Project is located in the Antofagasta region of northern Chile.
  • Beyond this Strategic Investment, MC remains committed to further securing a stable and sustainable supply of copper resources.

Marimaca Announces Closing of C$20 million Strategic Investment by Mitsubishi Corp.

Retrieved on: 
Wednesday, July 12, 2023
Rural Strategic Investment Program, Mitsubishi Corporation, TSX, Indian stock exchange, Mitsubishi Group, Investment, Quellaveco mine, Security (finance), Antamina mine, Los Bronces mine, Los Pelambres mine

VANCOUVER, British Columbia, July 12, 2023 (GLOBE NEWSWIRE) -- Marimaca Copper Corp. (“Marimaca Copper”, “Marimaca” or the “Company”) (TSX: MARI) is pleased to announce the closing of the previously announced C$20 million equity investment by Mitsubishi Corporation (“Mitsubishi”) by way of non-brokered private placement (the “Strategic Investment”).

Key Points: 
  • VANCOUVER, British Columbia, July 12, 2023 (GLOBE NEWSWIRE) -- Marimaca Copper Corp. (“Marimaca Copper”, “Marimaca” or the “Company”) (TSX: MARI) is pleased to announce the closing of the previously announced C$20 million equity investment by Mitsubishi Corporation (“Mitsubishi”) by way of non-brokered private placement (the “Strategic Investment”).
  • Proceeds from the Strategic Investment will be used to advance and accelerate the development of the Company’s flagship Marimaca Copper Project located in the Antofagasta region, Chile.
  • Pursuant to the Strategic Investment, Mitsubishi acquired an aggregate of 4,640,371 units (“Units”) consisting of one common share (a “Common Share”) and one Common Share purchase warrant (a “Warrant”) at a price of C$4.31 per Unit.
  • As a result of the Strategic Investment, Mitsubishi now owns approximately 5.0% of Marimaca’s issued and outstanding common shares on a non-diluted basis.

Marimaca Announces C$20 Million Strategic Investment from Mitsubishi Corporation

Retrieved on: 
Wednesday, June 21, 2023
Rural Strategic Investment Program, Indian stock exchange, Quellaveco mine, Toronto Stock Exchange, Specialised Technical Committees of the African Union, Mitsubishi Group, Carbon, Mitsubishi Corporation, RBC Capital Markets, Investment, Biophysical environment, TSX, Copper, Security (finance), Antamina mine, Unit, Los Bronces mine, Los Pelambres mine

VANCOUVER, British Columbia, June 21, 2023 (GLOBE NEWSWIRE) -- Marimaca Copper Corp. (“Marimaca Copper”, “Marimaca” or the “Company”) (TSX: MARI) is pleased to announce a C$20 million equity investment by Mitsubishi Corporation (“Mitsubishi”) by way of non-brokered private placement (the “Strategic Investment”).

Key Points: 
  • VANCOUVER, British Columbia, June 21, 2023 (GLOBE NEWSWIRE) -- Marimaca Copper Corp. (“Marimaca Copper”, “Marimaca” or the “Company”) (TSX: MARI) is pleased to announce a C$20 million equity investment by Mitsubishi Corporation (“Mitsubishi”) by way of non-brokered private placement (the “Strategic Investment”).
  • Proceeds from the Strategic Investment will be used to advance and accelerate the development of the Company’s flagship Marimaca Copper Project located in the Antofagasta region, Chile.
  • Following completion of the Strategic Investment, Mitsubishi will own approximately 5.0% of Marimaca’s issued and outstanding common shares on a non-diluted basis.
  • Hayden Locke, President & CEO of Marimaca Copper, commented:
    “We are pleased to welcome Mitsubishi Corporation as a partner and shareholder in Marimaca.

EQS-News: Aurubis AG: Collaboration with Anglo American plc for sustainably sourced and supplied copper

Retrieved on: 
Sunday, November 27, 2022
Copper, Metal, MDAX, Conference, Selenium, Climate change, London Metal Exchange, Anglo American plc, Anglo-Americans, Tin, Natural Resources, Quellaveco mine, LME, Lead, Platinum, Mining, Frankfurt Stock Exchange, Sustainability, Zinc, Nickel, Anglo, News, Security (finance), Aurubis

Singapore, November 24, 2022: Aurubis AG(Aurubis) and Anglo American plc (Anglo American),aBritish listed multinational mining company headquartered in London, England, announced the signing of a memorandum of understanding during the World Copper Conference Asia 2022 in Singapore.

Key Points: 
  • Singapore, November 24, 2022: Aurubis AG(Aurubis) and Anglo American plc (Anglo American),aBritish listed multinational mining company headquartered in London, England, announced the signing of a memorandum of understanding during the World Copper Conference Asia 2022 in Singapore.
  • The objective of the collaboration is to provide assurances for the way copper is mined, processed, transported and brought to market.
  • This collaboration with Anglo American is yet another example of how we intend to develop and enhance the transparency of the entire supply chain.
  • Anglo Americans Sustainable Mining Plan aligns with the pillars of the Aurubis sustainability label TomorrowMetals, launched in 2021.

Fluor Announces First Copper from Anglo American’s Quellaveco Mining Project in Peru

Retrieved on: 
Tuesday, August 23, 2022
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Fluor Corporation (NYSE: FLR) announced today that first production of copper concentrate has been achieved at Anglo Americans Quellaveco project in Peru.

Key Points: 
  • Fluor Corporation (NYSE: FLR) announced today that first production of copper concentrate has been achieved at Anglo Americans Quellaveco project in Peru.
  • View the full release here: https://www.businesswire.com/news/home/20220823005796/en/
    Fluor Corporation helps achieve first copper at the Quellaveco mine in Peru.
  • (Photo: Business Wire)
    The first production of copper concentrate marks the beginning of testing the processing plant with ore and the ramping up of mining activities to demonstrate readiness for operations.
  • Quellaveco is one of the five largest copper deposits in the world, located more than 3,000 meters (9,842 ft.) above sea level in the Moquegua region of southern Peru.