4/23/12

Copper M&A in Peru today

Gestion this morning reports that Peru's Minsur has agreed to buy the 70% of Marcobre owned by Hong Kong/China holding company CST Mining for $505m.

And yup, that's the old Chariot Resources asset that was rejected by Glencore in November, a deal that was slated at $475m. 

This might be an interesting story to follow...