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Antofagasta closes C$53m Duluth Metals acquisition

By:  
Creamer Media Deputy Editor: North America
 
M&A
Chile-based copper-mining group Antofagasta this week completed the C$53-million takeover of Duluth Metals, giving it exclusive control of the Twin Metals Minnesota (TMM) copper/nickel/platinum group metals project, in the Duluth Complex, in north-eastern Minnesota. Antofagasta had obtained all the necessary approvals and applications to complete the acquisition, acquiring all outstanding Duluth shares for C$0.45 apiece in cash.
 
 
 
 
 

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