# Copper Mountain to acquire Altona Mining for A$93 million

Copper Mountain Mining Corporation agreed to acquire Altona Mining Limited via a Scheme of Arrangement, valuing Altona at approximately A$93 million. The deal gives Copper Mountain ownership of Altona's Cloncurry Copper Project in Queensland, Australia.

- Type: Acquisition
- Announced: 2017-11-19
- Where: Queensland, Australia
- Value: $71.0M (93.0M AUD)
- Status: announced
- Products: copper
- Sectors: [Mining Equipment](https://endata.com/sectors/mining-equipment.md)

## Companies

- [Copper Mountain Mining Corporation](https://endata.com/companies/28254.md) (acquirer)
- [Altona Mining Limited](https://endata.com/companies/28255.md) (target)

## Sources

- [prnewswire.com](https://www.prnewswire.com/news-releases/copper-mountain-to-acquire-altona-mining-to-form-a-major-new-copper-producer-658676203.html), 2017-11-19: "The total consideration offered for all of the outstanding shares of Altona is valued at approximately A$93 million"

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.