Tag «PINTO VALLEY»

BHP Billiton Completes Sale of Pinto Valley to Capstone Mining Corp.

BHP Billiton has completed the sale of its Pinto Valley mining operation (Pinto Valley) and the associated San Manuel Arizona Railroad Company (SMARRCO) to Capstone Mining Corp. (Capstone) for $650 million, subject to customary working capital adjustments. About Pinto Valley and SMARRCO Pinto Valley is an open-pit copper mining operation located east of Phoenix in …

BHP Billiton: SALE OF PINTO VALLEY

BHP Billiton has signed a definitive agreement to sell its Pinto Valley mining operation (Pinto  Valley) and the associated San Manuel Arizona Railroad Company (SMARRCO) to Capstone Mining Corp. (Capstone) for an aggregate cash consideration of US$650 million. The transaction is subject to regulatory approval, and other customary conditions, and is expected to be completed …