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chinalco mining corp interna (3668) Details

Chinalco Mining Corporation International, a resource development company, focuses on investment in, acquisition, development, and operation of non-ferrous and non-aluminum mineral resources and projects worldwide. It primarily focuses on developing the Toromocho Project, a pre-production copper project located in central Peru. The company was formerly known as Peru Copper Syndicate, Ltd. and changed its name to Chinalco Mining Corporation International in September 2011. The company was founded in 2003 and is headquartered in Beijing, the People’s Republic of China. Chinalco Mining Corporation International is a subsidiary of Aluminum Corporation of China.

1,055 Employees
Last Reported Date: 04/29/14
Founded in 2003

chinalco mining corp interna (3668) Top Compensated Officers

Chief Executive Officer, Executive Director, ...
Total Annual Compensation: $213.0K
Chief Financial Officer, Executive Director, ...
Total Annual Compensation: $200.0K
Vice President, Executive Director, Member of...
Total Annual Compensation: $816.0K
Compensation as of Fiscal Year 2013.

chinalco mining corp interna (3668) Key Developments

Sandfire Resources In Talks With Potential Copper Partners

Sandfire Resources NL (ASX:SFR) is in talks with Chinalco Mining Corporation International (SEHK:3668) and Samsung Electronics Co. Ltd. (KOSE:A005930) to invest in projects or make acquisitions. Karl Simich, Chief Executive Officer of Sandfire Resources NL said, "Manufacturers and trading houses are among those seeking to assist the development of new copper assets to secure long-term supply. A South Korean entity involved in the talks told the Perth-based producer it planned to spend at least $2.5 billion in investments in copper projects. They are looking for long-term sustainability of their respective businesses, whether that’s electronics, construction, car manufacturing, copper-rod manufacturing." Discussions have also included LG Corp. (KOSE:A003550) and Yunnan Copper Co., Ltd. (SZSE:000878). Jiang Zhinan, a media official with Aluminum Corporation of China, which controls Chinalco Mining Corporation International and Yunnan Copper Co., Ltd., said the company could not immediately comment on the discussions. LG Corp. and Samsung Electronics Co. Ltd. didn’t immediately respond to e-mails requesting comment.

Chinalco Mining Corporation International Appoints Ernst & Young as Auditor

Chinalco Mining Corporation International announced that at the annual general meeting held on 18 June 2014, the shareholders approved to appoint Ernst & Young as auditor of the company to hold office until the conclusion of the next annual general meeting of the company.

Chinalco Mining Corporation International Presents at Mines and Money, Beijing 2014, May-20-2014 through May-21-2014

Chinalco Mining Corporation International Presents at Mines and Money, Beijing 2014, May-20-2014 through May-21-2014. Venue: Sofitel Wanda, Beijing, China. Presentation Date & Speakers: May-20-2014, Peng Huaisheng, CEO.

 

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3668:HK $1.02 HKD -0.01

3668 Competitors

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Company Last Change
Lundin Mining Corp C$6.07 CAD -0.04
MMG Ltd $2.76 HKD +0.07
OZ Minerals Ltd A$4.44 AUD -0.02
PanAust Ltd A$2.32 AUD +0.02
Turquoise Hill Resources Ltd C$15.00 CAD 0.00
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3668

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Valuation 3668 Industry Range
Price/Earnings NM Not Meaningful
Price/Sales 11,024.6x
Price/Book 2.2x
Price/Cash Flow NM Not Meaningful
TEV/Sales NM Not Meaningful
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