Kalahari exploration fires up Sandfire

THE market finally looks to be buying in to the idea that Sandfire Resources’ A$167 million acquisition of Botswana-focused MOD Resources last year was as much about exploration upside as it was about MOD’s advanced T3 Motheo copper-silver development project, writes Barry FitzGerald.

Kalahari exploration fires up Sandfire Kalahari exploration fires up Sandfire Kalahari exploration fires up Sandfire Kalahari exploration fires up Sandfire Kalahari exploration fires up Sandfire

Sandfire exploring in Botswana

That came through in Tuesday's market when Sandfire gave the go-ahead for a $371 million development of T3 on the emerging Kalahari copper belt.