{"id":62672,"date":"2026-06-24T07:00:00","date_gmt":"2026-06-24T00:00:00","guid":{"rendered":"https:\/\/thaipropertynews.com\/feeds\/?p=62672"},"modified":"2026-06-24T07:00:00","modified_gmt":"2026-06-24T00:00:00","slug":"frontera-and-kupari-announce-commencement-of-strategic-sale-process-for-the-jointly-owned-piedras-verdes-copper-mine-complex-in-sonora-mexico","status":"publish","type":"post","link":"https:\/\/thaipropertynews.com\/feeds\/?p=62672","title":{"rendered":"FRONTERA AND KUPARI ANNOUNCE COMMENCEMENT OF STRATEGIC SALE PROCESS FOR THE JOINTLY OWNED PIEDRAS VERDES COPPER MINE COMPLEX IN SONORA, MEXICO"},"content":{"rendered":"<p><span class=\"legendSpanClass\">MEXICO CITY<\/span>, <span class=\"legendSpanClass\">June 24, 2026<\/span> \/PRNewswire\/ &#8212;<b> Frontera Copper Corporation, S.A.P.I. de CV<\/b> and <b>Kupari Investments Ltd. <\/b>(&#8220;Kupari&#8221;), collectively the &#8220;Companies&#8221;, announced today that Frontera Copper Corporation (&#8220;Frontera&#8221;), and Kupari Metals A.G., a wholly-owned subsidiary of Kupari, have commenced a strategic sale process for the Piedras Verdes mine complex. Any mention of the Piedras Verdes mine complex refers to 100% of the equity in both Frontera and Kupari Metals. The Companies have retained BMO Capital Markets as financial advisor and Blake, Cassels &amp; Graydon LLP as legal advisor in connection with the process.<\/p>\n<p>Piedras Verdes is a producing copper mine located in the stable and mining-friendly state of Sonora, Mexico, with nearby access to supportive infrastructure and a skilled workforce. As a result of copper supply shortages due to continued strong copper demand, secular electrification trends, and lengthy development processes, management believes that a sale today has the potential to generate significant proceeds, while acquirers can benefit from immediate commercial production and expansion opportunities.<\/p>\n<p>BMO Capital Markets has begun speaking with a number of prospective acquirers and the Companies will be opening a data room with confidential information to potential acquirers who have entered into satisfactory confidentiality agreements.<\/p>\n<p><b>About Frontera Copper Corporation<\/b><\/p>\n<p>Frontera Copper Corporation is a copper mining company that extracts and processes sulfide and oxide ores, produces London Metals Exchange Grade &#8220;A&#8221; copper cathode, and sells primarily hypogene ore to Kupari Metals.<\/p>\n<p><b>About Kupari Metals<\/b><\/p>\n<p>Kupari Metals is a base\u00a0metals tolling company that processes copper\u2013bearing material into copper concentrates for sale. Kupari Metals processes hypogene sulfide ore from the Piedras Verdes operation.<\/p>\n<p><b>Advisors and Counsel<\/b><\/p>\n<p>The Companies have engaged BMO Capital Markets as financial advisor and Blake, Cassels &amp; Graydon LLP as legal advisor in connection with the process.<\/p>\n<p><b>For additional information, please contact:<br \/><\/b><b>BMO Capital Markets<br \/><\/b><b>Email:<\/b>\u00a0<a href=\"mailto:ProjectFaradaySaleProcess@bmo.com\" target=\"_blank\" rel=\"nofollow\">ProjectFaradaySaleProcess@bmo.com<\/a><\/p>","protected":false},"excerpt":{"rendered":"<p><!-- wp:html --><\/p>\n<p><span class=\"legendSpanClass\">MEXICO CITY<\/span>, <span class=\"legendSpanClass\">June 24, 2026<\/span> \/PRNewswire\/ &#8212;<b> Frontera Copper Corporation, S.A.P.I. de CV<\/b> and <b>Kupari Investments Ltd. <\/b>(&#8220;Kupari&#8221;), collectively the &#8220;Companies&#8221;, announced today that Frontera Copper Corporation (&#8220;Frontera&#8221;), and Kupari Metals A.G., a wholly-owned subsidiary of Kupari, have commenced a strategic sale process for the Piedras Verdes mine complex. Any mention of the Piedras Verdes mine complex refers to 100% of the equity in both Frontera and Kupari Metals. The Companies have retained BMO Capital Markets as financial advisor and Blake, Cassels &amp; Graydon LLP as legal advisor in connection with the process.<\/p>\n<p>Piedras Verdes is a producing copper mine located in the stable and mining-friendly state of Sonora, Mexico, with nearby access to supportive infrastructure and a skilled workforce. As a result of copper supply shortages due to continued strong copper demand, secular electrification trends, and lengthy development processes, management believes that a sale today has the potential to generate significant proceeds, while acquirers can benefit from immediate commercial production and expansion opportunities.<\/p>\n<p>BMO Capital Markets has begun speaking with a number of prospective acquirers and the Companies will be opening a data room with confidential information to potential acquirers who have entered into satisfactory confidentiality agreements.<\/p>\n<p><b>About Frontera Copper Corporation<\/b><\/p>\n<p>Frontera Copper Corporation is a copper mining company that extracts and processes sulfide and oxide ores, produces London Metals Exchange Grade &#8220;A&#8221; copper cathode, and sells primarily hypogene ore to Kupari Metals.<\/p>\n<p><b>About Kupari Metals<\/b><\/p>\n<p>Kupari Metals is a base\u00a0metals tolling company that processes copper\u2013bearing material into copper concentrates for sale. Kupari Metals processes hypogene sulfide ore from the Piedras Verdes operation.<\/p>\n<p><b>Advisors and Counsel<\/b><\/p>\n<p>The Companies have engaged BMO Capital Markets as financial advisor and Blake, Cassels &amp; Graydon LLP as legal advisor in connection with the process.<\/p>\n<p><b>For additional information, please contact:<br \/><\/b><b>BMO Capital Markets<br \/><\/b><b>Email:<\/b>\u00a0<a href=\"mailto:ProjectFaradaySaleProcess@bmo.com\" target=\"_blank\" rel=\"nofollow\">ProjectFaradaySaleProcess@bmo.com<\/a><\/p>\n<p><!-- \/wp:html --><\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"rop_custom_images_group":[],"rop_custom_messages_group":[],"rop_publish_now":"initial","rop_publish_now_accounts":[],"rop_publish_now_history":[],"rop_publish_now_status":"pending","footnotes":""},"categories":[5,7],"tags":[],"class_list":["post-62672","post","type-post","status-publish","format-standard","hentry","category-cision-pr-newswire","category-cision-pr-newswire-en"],"_links":{"self":[{"href":"https:\/\/thaipropertynews.com\/feeds\/index.php?rest_route=\/wp\/v2\/posts\/62672","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/thaipropertynews.com\/feeds\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/thaipropertynews.com\/feeds\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/thaipropertynews.com\/feeds\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/thaipropertynews.com\/feeds\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=62672"}],"version-history":[{"count":0,"href":"https:\/\/thaipropertynews.com\/feeds\/index.php?rest_route=\/wp\/v2\/posts\/62672\/revisions"}],"wp:attachment":[{"href":"https:\/\/thaipropertynews.com\/feeds\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=62672"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/thaipropertynews.com\/feeds\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=62672"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/thaipropertynews.com\/feeds\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=62672"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}