Thursday, March 24, 2011

How To Do A Spaghetti Bridge Strong

ENAMI: the firm has accumulated 200,000 acres of property, including transfers of Codelco and its own portfolio

Enami would raise more than U.S. $ 600 million bid for mining prospects next

Until March 31 deadline would financial institutions to submit proposals for the process. Until now be ten women concerned.

The historic opening to market a robust portfolio of mineral exploration by the National Mining Company (Enami) to provide private space to develop them, advance steadily, as the date approaches that the firm could give effect to the tender.

And is that the number of mining assets with which for some eventually found the new management company, the milestone of 200 000 hectares, equivalent to about 84 mining claims, may soon find a destination more certain hand, mainly from companies small and medium scale mining.

Despite this, according to connoisseurs of the operation, the amounts that are managed for Enami it would raise as a result of the transfer of such property would not be for anything less: the sources indicate that there is already talk of a total of U.S. $ 600 million in returns, so low.

Although there is still no definitions for these income received after the tender -Because it is a matter for Enami make directory, it was reported at the time, initially flow into the company box.



Which is the operation

At the moment, in any case, we know that financial institutions and auditing firms, which have been called to present their proposals on what to do with the aforementioned portfolio of mining prospects developing a business model and maximize the value of these assets to the company, they would have until next Thursday, March 31 to enter their proposals. So far, would be ten entities interested in the move, even those who, despite not formally present the proposals, and Enami approached would have to learn the basics of the process. Among them would be found, JP Morgan, Swiss Bank, Banchile, Larraín Vial, Scotia Bank, Santander, among other actors in the square. Inside

Enami and an evaluation committee would be working on this subject, would consist of the company's vice president, William Diaz, development manager of the same, Victor Alvarez, among some executives. And the interesting thing is that the day after the closing of the receipt of tenders, on Friday 1 April, the company's board would meet to define, among other things, this situation. Portfolio





attractive mining concessions that have accumulated time Enami latter correspond in part to the firm's own possessions. However, most of which comes from Codelco, which, according to Law 19,137, since 1993 the company transferred its mining prospescciones less interesting for their forays into the mining sector.

this line, 70% of the portfolio that aims to open the market belongs to those carried over by the giant state.

But the operation also becomes important because the process itself would be the largest of its kind ever for Enami, due to magnitude of the operation. And that is the same as, precisely, sources close to the early tender indicate that the industry interest has been such that even MPX, the mining firm linked to the Brazilian magnate Eike Batista, had already set his sights on some of the concessions .


Source:

SEE, THINK, WRITE . Greetings

Rodrigo González Fernández
Diploma in Corporate Social Responsibility "UN
Diploma in Knowledge Management" UN
Diploma in Management UN in Public Administration
  • can read us FACEBOOK IN
www.chile-renovables.blogspot.com

CEL: 93934521
Santiago-Chile
Apply for our courses consulting and training in public administration, LEADERSHIP MANAGEMENT - KNOWLEDGE MANAGEMENT - CORPORATE SOCIAL RESPONSIBILITY - LOBBY - BUSINESS COACHING-RENEWABLE, consulting nationally and internationally and are available for OTEC Y OTIC in Chile

0 comments:

Post a Comment