M&A

Manhattan drops Eggers-linked takeover for Chilean copper

MANHATTAN Corporation has decided to drop a highly controversial iron sands operation in New Zealand's Taranaki Bight in order to join perennial explorer Helix Resources in the Joshua copper porphyry project in Chile.

 Helix discovered Joshua in 2011.

Helix discovered Joshua in 2011.

The company has been casting about for a new direction for some time, and earlier this year seem to have settled on a plan to merge with NZ-based Trans-Tasman Resources, but that deal was called off this...

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