Deals
Capstone Acquires BHP’s Arizona Copper Mine for $650 Million
This article is for subscribers only.
Capstone Mining Corp., the owner of copper mines in Mexico and Canada, agreed to buy BHP Billiton Ltd.’s Pinto Valley mine and a railroad in the U.S. for $650 million in cash, marking its biggest acquisition.
Capstone is expected to complete the purchases in the second half of 2013, the Vancouver-based company said today in a statement.