James Attwood
Senior Commodities Reporter at Bloomberg News
Senior commodities reporter for Bloomberg
Articles
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2 days ago |
news.bloombergtax.com | Sybilla Gross |James Attwood
Pan American Silver Corp. agreed to buy smaller producer MAG Silver Corp. in a transaction valued at about $2.1 billion, giving the bigger rival access to a major mine in Mexico. MAG shareholders will receive $500 million in cash and 0.755 ordinary shares of Pan American for each stock they own, Pan American saidMonday. That values MAG shares at $20.54 based on May 9 closing prices, a 21% premium. Shares of Pan American fell 14% to $23.29 as of 10:23 a.m. in New York, while MAG was up 7.4% to $18.17.
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3 days ago |
bloomberg.com | Sybilla Gross |James Attwood
Michael Steinmann, chief executive officer and president of Pan American Silver Corp. (Bloomberg) -- Pan American Silver Corp. agreed to buy smaller producer MAG Silver Corp. in a transaction valued at about $2.1 billion, giving the bigger rival access to a major mine in Mexico. MAG shareholders will receive $500 million in cash and 0.755 ordinary shares of Pan American for each stock they own, Pan American said Monday. That values MAG shares at $20.54 based on May 9 closing prices, a 21% premium.
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4 days ago |
bloomberglinea.com | Marcelo Rochabrun |James Attwood
Bloomberg — Se espera que la producción peruana de oro se vea significativamente mermada el próximo mes debido a la prohibición de la minería en una región del norte del país que ha visto un repunte de la actividad criminal que culminó con el asesinato de 13 trabajadores mineros. El banco central estima que las empresas perderán unas 60.000 onzas de producción en los próximos 30 días, dijo el viernes a la prensa su economista jefe, Adrián Armas.
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5 days ago |
bloomberglinea.com | James Attwood
Bloomberg — BYD Co. y Tsingshan Holding Group Co. reiteraron su interés en construir plantas de litio en Chile, una aparente contradicción con los comentarios de las autoridades locales sobre la cancelación de los proyectos.
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5 days ago |
bloomberg.com | Marcelo Rochabrun |James Attwood
The Apumayo open pit gold mine in Chavina, Ayacucho, Peru. (Bloomberg) -- Peruvian gold output is expected to be significantly dented in the coming month due to a mining ban in a northern region of the country that’s seen an up-tick in criminal activity culminating in the murder of 13 mine workers. The central bank estimates that companies will lose about 60,000 ounces of production in the next 30 days, its chief economist Adrian Armas told reporters Friday.
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Chile's Milei-esque presidential candidate would privatize the world’s biggest copper company, a key adviser explains in this interview. His plans are nothing if not ambitious. https://t.co/iljiupTSnt via @economics
Chile’s leading presidential candidate is embarking on a review of a landmark deal signed last year between lithium supplier SQM and state-owned Codelco https://t.co/JDbvPcD5CI via @bpolitics
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