CAP plans to invest $650 million this year, the bulk of which will go towards development of its Cerro Negro Norte (CNN) iron ore project in northern region III. The $1.2 billion CNN project is expected to boost CAP's iron ore production by 4Mt/y, and ramp-up is scheduled to begin in May. The company also expects to decide by end-2014 its next mining project, which could be iron ore or copper, or a combination of both.
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6,920 CLP | -1.84% | -3.21% | -3.88% |
Mar. 13 | REE UNO SpA announced that it expects to receive CLP 27.52 billion in funding from CAP S.A. | CI |
Mar. 09 | CAP S.A. Reports Earnings Results for the Full Year Ended December 31, 2023 | CI |
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+12.56% | 8.24B | |
-21.55% | 8.08B | |
+2.93% | 6.08B | |
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+21.69% | 2.23B | |
+15.93% | 2.1B | |
+11.61% | 1.69B | |
-8.54% | 1.66B |
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