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BHP sells Pinto Valley Mine

Posted: Tuesday, Apr 30th, 2013

Miami — Melbourne-based BHP Billiton has announced the sale of its Pinto Valley Open Pit Copper Mine west of Miami. 

The company says it has signed a definitive agreement to sell its local minning operation and the associated San Manuel Railroad Company to Vancouver based Capstone Mining Company for $650 million.

The transaction is subject to regulatory approval and other conditions and is expected to be completed in the second half of this year.

For the complete article see the 05-01-2013 issue.

Click here to purchase an electronic version of the 05-01-2013 paper.

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