Anaconda, SBX to combine Chilean iron ore assets

Reuters.com reports that Anaconda Mining (TSX:ANX) and SBX inventories are combining their Iron Ore ventures in Chile.

The story is quoted as saying:

Toronto-based Anaconda said terms of the deal were being negotiated with the help of Gryphon Partners, its financial advisers, and could include a spinoff, further JVs or acquisitions as well as financing.

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