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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6,995 CLP | +1.84% | +1.38% | -2.85% |
Apr. 22 | Chile's tariffs on Chinese steel products boost CAP stock | RE |
Mar. 13 | REE UNO SpA announced that it expects to receive CLP 27.52 billion in funding from CAP S.A. | CI |
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+23.45% | 8.93B | |
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-2.36% | 5.75B | |
-34.61% | 5.23B | |
+27.53% | 2.26B | |
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+8.33% | 1.64B |
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