BMO Capital Markets Investment Banking Pitch Book
BMO Capital Markets
Copper Transactions Summary
8
Copper Price (US$/lb)
$5,00
$4.50
$4.00
$3.50
$3.00
$2.50
$2.00
Empresas Copec /
40% Mina Justa (Minsur)
Jan-17
OZI
Avanco
Glencore /
Mutanda
Producers
Newmont /
50% Galore Creek
(NOVAGOLD)
KAZ/
Baimskaya
Jan-18
Mitsubishi/
22% Quellaveco
(Anglo American)
Developers
Zijin /
Nevsun
Sumitomo /
30% QB2 (Teck)
Pembridge /
Minto (Capstone)
Newcrest /
70% Red Chris (Imperial)
Jan-19
Covid-19
Pandemic
Lundin /
Chapada (Yamana)
Sandfire /
MOD
Zijin /
46% Timok Lower Zone
(Freeport)
Jan-20
South32/
Sierra Gorda (Sumitomo)
Evolution /
Emest Henry (Glencore)
Sandfire /
MATSA (Mubadala
& Trafigura)
Capstone /
30% Santo Domingo
(KORES)
Source: Companyings, FactSet
1. Significant development component.
2.
BHP announced non-binding indicative proposal to acquire 02 Minerals on 07-Aug-22; 02 Minerals publicly rejected the proposal on 08-Aug-32
Nova /
KAZ
Mitsubishi/
30% Mantoverde (Mantos)
Jan-21
Metals Acquisition Corp /
CSA (Glencore)
Lundin /
Josemaria
Capstone /
Mantos (1)
(61% / 39% PF Ownership)
ZCCM /
90% Mopani (Glencore)
Jan-22
BHP /
OZ Minerals
PROJECT ASTERIXView entire presentation