CAPITAL MARKETS

Nuton and Stellantis give US$500M valuation for McEwen Copper

The company has announced an additional US$30 million investment by Nuton, Rio Tinto’s Nuton technology arm, which follows a $25 million investment in September 2022. The two-part transaction will see Nuton buy 350,000 McEwen Copper shares for $6.5 million and 1.25 million shares owned by McEwen Mining for $23.5 million.

Mcewen Copper's Los Azueles in San Juan, Argentina

Mcewen Copper's Los Azueles in San Juan, Argentina

McEwen Copper will use the funds to advance development of the Los Azules copper project in San Juan, Argentina. "Together, we are exploring new technologies that save energy, water, time and capital...

Start a free trial to continue reading this article
Already have an account?  
Subscribe now

A growing series of reports, each focused on a key discussion point for the farming sector, brought to you by the Kondinin team.

A growing series of reports, each focused on a key discussion point for the farming sector, brought to you by the Kondinin team.

editions

Mining Journal Intelligence Investor Sentiment Report 2024

Survey revealing the plans, priorities, and preferences of 120+ mining investors and their expectations for the sector in 2024.

editions

Mining Journal Intelligence Mining Equities Report 2023

Access an exclusive, inside look on the quarterly mining IPOs and secondary raisings data and mining equities performance tables with an annual Stock Exchange Comparisons supplement.

editions

Mining Journal Intelligence World Risk Report 2023 (feat. MineHutte ratings)

A detailed analysis of mining investment risks across 121 jurisdictions globally, built on 11 ‘hard risk’ metrics and an industrywide survey.

editions

Mining Journal Intelligence Global Leadership Report 2023: Social licence

Gain insights into social licence trends and best practices from interviews with 20+ top mining company executives and an industrywide survey.