15
Jun
15:03
Hudbay Minerals, Copper Mountain shareholders approve merger deal
Shareholders of Hudbay Minerals and struggling Copper Mountain Mining have approved a merger that will create the third-largest copper producer in Canada, Kallanish reports.
The $439 million all-shares deal was approved by 99.84% of Hudbay shareholders and by 93.43% of Copper Mountain shareholders in special meetings this week. The transaction had to be approved by a majority of Husbay stockholders and by two-thirds of Copper Mountain shareholders. The merger has …
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Anonymous
Very good overview of the weekly steel market.
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