Tag: copper mining equipment
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Vedanta’s Zambian Copper Unit Pursues $1 Billion Debt Financing for Expansion
Vedanta Resources Ltd.’s Zambian copper mining unit has engaged Rand Merchant Bank to facilitate a substantial debt financing endeavor aiming to secure up to $1 billion for the expansion of its operations in the region. The unit, a subsidiary of Vedanta owned by Indian magnate Anil Agarwal, has initiated the process of accessing lenders to…
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Institutional Investors Increase Stake in Southern Copper Amid Strong Earnings and Dividend Announcement
Northern Trust Corp increased its stake in Southern Copper Co. (NYSE:SCCO) by 44.9% during the 4th quarter, as reported in its recent 13F filing with the SEC. The institutional investor now holds 1,146,537 shares of the company’s stock, representing approximately 0.15% ownership of Southern Copper, valued at $104,484,000 by the end of the reporting period.…
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How to Invest in Copper: Southern Copper’s Growth Potential Revealed
Tower Research Capital LLC TRC has significantly increased its holdings in Southern Copper Co. (NYSE:SCCO) by 974.9% according to its recent filing with the Securities and Exchange Commission. The firm now owns over 3,600 shares of the company’s stock valued at $331,000. This move reflects a growing interest in copper investments, a metal with a…