Tag «Capstone Mining Corp.»

BHP Billiton Completes Sale of Pinto Valley to Capstone Mining Corp.

BHP Billiton has completed the sale of its Pinto Valley mining operation (Pinto Valley) and the associated San Manuel Arizona Railroad Company (SMARRCO) to Capstone Mining Corp. (Capstone) for $650 million, subject to customary working capital adjustments. About Pinto Valley and SMARRCO Pinto Valley is an open-pit copper mining operation located east of Phoenix in …