Posts mit dem Label Zaldivar werden angezeigt. Alle Posts anzeigen
Posts mit dem Label Zaldivar werden angezeigt. Alle Posts anzeigen

Mittwoch, 2. Dezember 2015

Devestitionsziele für 2015 erfüllt: Barrick Gold schließt Verkaufstransaktion von JV-Anteil an Zaldivar-Kupfermine für 1 Mrd. Dollar in Cash ab

Der weltgrößte Goldproduzent Barrick Gold (ABX) hat seine ambitionierten Ziele bei Projekt- und Randgeschäftsverkäufen in Höhe von 3 Mrd. USD für dieses Jahr erfolgreich erfüllt.

Sicher kein leichtes Unterfangen in einer historisch schwierigen Marktlage für die Goldminenbranche, die sich in 2015 weiter zugespitzt hat.

Diese Woche gibt der stark verschuldete Goldgigant den abgeschlossenen Verkauf von 50% an der Open-pit Zaldivar-Kupfermine an Antofagasta bekannt..

Barrick completes sale of 50% of Zaldívar copper mine to Antofagasta

Cecilia Jamasmie | December 1, 2015

Top gold miner Barrick Gold (TSX, NYSE:ABX) announced Tuesday it has completed the sale of a 50% stake in its Zaldívar copper mine in Northern Chile to London-listed Antofagasta Plc (LON:ANTO) for a shade over $1 billion in cash.

"The sale of 50 percent of Zaldívar has strengthened our balance sheet while allowing us to maintain significant exposure to a strong cash-generating operation," Barrick President, Kelvin Dushnisky, said in a statement.

The miner added it has formed a new partnership with Antofagasta that will provide “a platform to collaborate and share knowledge, with the potential to deliver value for both companies."

Zaldívar, an open-pit, heap-leach mine, produced 222 million pounds of copper in 2014, according to Barrick’s website. Proven and probable copper reserves from the mine as at Dec. 31, 2014, were 5.558 billion pounds. Production costs last year were US$1.65 a pound and they are increasing as head grades fall.

Barrick has been selling off assets to tackle a debt pile of $13 billion with a target of wiping out $3 billion this year. The proceeds of Zaldívar’s sale will be used to that purpose, the company said..

Link: http://www.mining.com/barrick-completes-sale-of-50-of-zaldivar-copper-mine-to-antofagasta/?utm_source=digest-en-mining-151201&utm_medium=email&utm_campaign=digest




Quelle: stockcharts.com

Freitag, 31. Juli 2015

Barrick Gold erreicht starken Deal: Teil-Verkauf der großen Zaldívar Kupfer-Mine in Chile für 1 Mrd. USD in Cash, neue Partnerschaft mit Major Antofagasta

Finally some good news für den angeschlagenen und tief gefallenen Branchengiganten Barrick Gold (NYE:ABX). Dieser Deal wird die angespannte Bilanz-Situation (> 12 Mrd. USD Schulden) beim weltgrößten Goldproduzenten zumindest etwas entlasten:

Barrick Announces Sale of 50 Percent of Zaldívar Mine, Formation of New Partnership with Antofagasta Plc

TORONTO, ONTARIO--(Marketwired - July 30, 2015) -
All amounts expressed in US dollars
Barrick Gold Corporation (NYSE:ABX)(TSX:ABX) ("Barrick" or the "company") today announced that it has reached an agreement to sell a 50 percent interest in the Zaldívar copper mine in Chile to Antofagasta Plc ("Antofagasta") for a total consideration of $1.005 billion in cash, forming a new partnership with one of the world's leading copper companies.
"The sale of 50 percent of Zaldívar is consistent with our strategy to create long-term value for our shareholders. By selling a stake in this non-core asset, we strengthen our balance sheet while maintaining significant exposure to a strong cash-generating operation," said Kelvin Dushnisky, Co-President of Barrick. "Following a highly competitive auction process, we are pleased to reach an agreement with the ideal partner for Zaldívar. Antofagasta has an outstanding track record of building and operating mines in Chile, and we see this as the first step in an ongoing, collaborative partnership. There are many potential opportunities to benefit from Antofagasta's experience as Barrick evaluates development projects in the future."
"We are enthusiastic about partnering with Barrick at Zaldívar. Together, we believe that we are well positioned to enhance the long-term value of the Zaldívar operation through our collective best practices," said Diego Hernandez, CEO of Antofagasta. "We have consistently been impressed with the workforce at Zaldívar, and look forward to partnering with them. We also look forward to exploring other opportunities to collaborate with Barrick in the future."
Details of the Zaldívar transaction..

Quelle: stockcharts.com

Montag, 16. März 2015

Barrick Gold: Potentieller Verkauf der großen Kupfermine in Chile

Um die Bilanz- und Finanzanlage zu entspannen, visiert Barrick Gold (NYE:ABX) vermutlich einen Verkauf der Kupfer-Flaggschiff-Mine Zaldivar in Chile an..

FT: Barrick Gold eyes sale of key Chilean copper mine 

Carl Surran, SA News Editor
  • Barrick Gold (NYSE:ABX) may put its Zaldivar copper mine in Chile up for sale, hoping to raise more than $1.5B, Financial Times reports.
  • A sale could draw interest from Chinese companies looking to acquire resources as well as P-E firms such as Mick Davis's X2 Resources, according to the report; Davis headed Xstrata before its 2012 sale to Glencore and is said to be hunting for mining deals.
  • The Zaldivar mine, one of ABX's key assets, is located next to Escondida, the world's largest copper mine.

Quelle: bigcharts.com