Marimaca Copper Corp - Company Profile
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Marimaca Copper Corp (Marimaca Copper) is a mining company involved in the acquisition, exploration, development and operation of copper in Chile. It operates one major asset, the Marimaca project in the Antofagasta region in Northern Chile. The project comprises eight property areas covering multiple concessions. The company has access to transport infrastructure and operates certain claims, including Marimaca 1-23, La Atomica, Sierra, Sorpresa, Tarso, Atahualpa and Olimpo y Cedro. The company also has interests in exploration projects such as Llanos and Mercedes, Akicy, Emilia and La Esperada claims. Marimaca Copper is headquartered in Toronto, Ontario, Canada.
Headquarters
Canada
Address
66 Wellington Street West, Suite 5300, Toronto, Ontario, M5K1E6
Website
marimaca.com
Telephone
56 2 24317608
No of Employees
23
Industry
Metals and Mining
Ticker Symbol & Exchange
MARI (TSE)
EPS
XYZ
Net Income (2022)
XYZ
88.5%
(2022 vs 2021)
Market Cap*
$254.0M
* As of and is in US$
Marimaca Copper Corp premium industry data and analytics
Products and Services
| Products |
|---|
| Copper |
History
History section provides information on new products, mergers, acquisitions, expansions, approvals, and many more key events.
| Year | Event | Description |
|---|---|---|
| 2023 | Contracts/Agreements | In October, the company signed a contract with Ausenco Chile to conduct the feasibility study and process the permits for the Marimaca copper project in Antofagasta region. |
| 2022 | Asset Disposal | In March, the company sold its Ivan copper cathode plant to 5Q for US$11 million. |
| 2020 | Acquisitions/Mergers/Takeovers | In December, the company entered into an option agreement to acquire La Esperada 1-17 property. |
Competitor Comparison
| Key Parameters | Marimaca Copper Corp | Teck Resources Ltd | Barrick Gold Corp | Antofagasta Plc | Minera Escondida Limitada |
|---|---|---|---|---|---|
| Headquarters | Canada | Canada | Canada | United Kingdom | Chile |
| City | Toronto | Vancouver | Toronto | London | Santiago |
| State/Province | Ontario | British Columbia | Ontario | England | Santiago |
| No. of Employees | 23 | 12,100 | 21,300 | 6,359 | 12,000 |
| Entity Type | Public | Public | Public | Public | Private |
Key Financial Charts
Sales Growth
Net Income Growth
Executives
| Name | Position | Board | Since | Age |
|---|---|---|---|---|
| Michael Haworth | Chairman | Executive Board | 2020 | - |
| Hayden Locke | Director; Chief Executive Officer; President | Senior Management | 2021 | - |
| Jose Antonio Merino | Managing Director - Chile; Chief Financial Officer - Interim | Senior Management | 2023 | - |
| Leonardo Hermosilla | Vice President - Projects | Senior Management | 2022 | - |
| Solange Gonzalez | General Counsel; Secretary | Senior Management | 2024 | - |
| Non Dignissim Eros | Proin vel | Convallis | 2024 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2024 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2024 | XY |
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