AMERICAN COPPER COMBINE
CHILE MINES ACQUIRED.
£14,000,000 INVOLVED IN DEAL
Australian and N.Z. Cable Association. (Reed. 9.5 p.m.) NEW YORK, Jon.. 16. It is announced that the Anaconda Copper Mining Company has paid 70,000,000 dollars for a controlling interest in tho Chile Copper Company, which controls the largest known copper ore field in the world. Thus has been formed the largest connection of copper interests in the v/orld. A. loan of 150,000,000 dollar?, will bo floated to finance the deal and provide the. necessary . working capital*.
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Bibliographic details
New Zealand Herald, Volume LX, Issue 18300, 17 January 1923, Page 9
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86AMERICAN COPPER COMBINE New Zealand Herald, Volume LX, Issue 18300, 17 January 1923, Page 9
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