TORONTO: Galantas Gold Corporation has entered into a share purchase agreement to acquire all of the issued and outstanding common shares of RDL Mining Corp. in exchange for common shares of Galantas. The transaction will create a combined company that intends to lead the advancement of the Indiana gold-copper project located in Chile (the “Indiana…
Tag: Chile mining
Antofagasta Plc reports 60% surge in EBITDA, doubling underlying EPS in H1 2025
LONDON: Antofagasta plc reported a 60% year-on-year increase in EBITDA to $2.23 billion for the six months ended June 30, 2025, driven by higher copper production and materially lower costs. The EBITDA margin rose 12 percentage points to 58.8%, placing the Chilean miner among the top-tier global pure-play copper producers. CEO Iván Arriagada attributed the…