Sweden-based Boliden AB – a leading European base metals company with mines and smelters in Sweden, Finland, Norway and Ireland – is looking to acquire copper properties in the Americas.
According to an April 1 Reuters report, Thomas Hedberg, Boliden general manager of mining business development, said the company was investigating takeovers “from Chile to Alaska” and would consider both exploration-stage properties and producing mines.
“Most of the west side of the Americas are where the projects are, Chile and all the way up to Alaska. Those are prospective countries to find new projects and that's where most of the exploration money is being spent,” Hedberg told Reuters.
“We have been looking for juniors,” he said, while attending the CRU/CESCO copper conference in Santiago Chile.
Hedberg said Boliden also may consider acquiring a producing mine, if it was “big and good enough to justify the investment.”
Boliden employs about 4,500 people and primarily produces copper and zinc.
