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Update: Market Chatter: Central Puerto in Talks With McEwen on Argentina Copper Stake
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Update: Market Chatter: Central Puerto in Talks With McEwen on Argentina Copper Stake
May 3, 2024 11:53 AM

02:43 PM EDT, 05/03/2024 (MT Newswires) -- (Updates with additional details in the last three paragraphs)

Central Puerto ( CEPU ) is in talks to invest in McEwen Copper's Los Azules project in Argentina, Bloomberg reported Friday, citing people familiar with the matter.

Billionaire Eduardo Eurnekian's group, Corporacion America, has also been looking at the project, the report said.

Central Puerto ( CEPU ), after investing in Diablillos silver-gold project in Salta province, now aims for a second mining venture, the report added.

Central Puerto ( CEPU ) and McEwen did not immediately respond to MT Newswires' requests for comment.

(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)

Price: 10.84, Change: +0.40, Percent Change: +3.83

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