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Lundin buys stake in Chile copper mine for $1.8B, will sell part of gold/silver operations

2014-10-07 00:50:58| Grocery - Topix.net

Lundin Mining says it's buying an 80 per cent stake in the Candelaria and Ojos del Salado copper mine in Chile from Freeport-McMoRan Inc. for US$1.8 billion. The remaining 20 per cent stake in the mines will continue to be owned by Sumitomo Metal Mining Co., Ltd and Sumitomo Corp. The Toronto-based mining company says the acquisition will capitalize on long-term copper production from the northern region of Chile.

Tags: part sell operations mine

Coca-Cola Buys Stake in Monster Beverage

2014-10-06 17:17:00| Food Processing

It will become Coke's energy drink unit.

Tags: monster beverage buys stake

Veresen buys stake in U.S. natural gas pipeline system for US$1.425 billion

2014-09-23 05:47:09| Energy - Topix.net

Veresen Inc. is spending more than US$1.4 billion to buy a stake in a U.S. pipeline, a deal it says will bolster the company's plans to ship liquefied natural gas from a proposed terminal on the Oregon coast. The Calgary-based company on Monday announced a deal to buy a 50 per cent stake in the Ruby pipeline system from Global Infrastructure Partners.

Tags: system natural gas billion