18
Nov
14:22
COPPER: Evolution Mining to acquire mine from Glencore for AUD 1 billion
Swiss-based commodities giant Glencore is selling its Ernest Henry copper-gold mine in Queensland, Australia, for AUD 1 billion ($727.17 million), Kallanish reports.
The buyer is Australia-based Evolution Mining Ltd, a gold miner that has partnered with Glencore on the Ernest Henry mine for the last five years. It buys 100% of the gold produced at the mine and 30% of the copper and silver. It has plans to boost copper production at Ernest Henry.
The two companies…
This article contains premium data.
It is only available for active subscribers and clients currently
on trial. To continue reading, see the options below.
on trial. To continue reading, see the options below.
Truly global, user-friendly coverage of the steel and related markets and industry that delivers the essential information quickly while delivering on most occasions just the right amount of between-the-lines comment and interpretation for a near real time news service of this kind.
Anonymous
Very good overview of the weekly steel market.
Anonymous