CAPITAL MARKETS

Investment manager reveals big sell down in 29Metals

Copper miner struggling since 2023 extreme rainfall event and recent guidance has disappointed

 29Metals' Capricorn Copper evaporators

29Metals' shares have taken a rinsing since the extreme rainfall event last year at its Capricorn copper operation in Qld

Shareholders and the board of 29Metals will be hoping for some market respite after Ausbil Investment Management revealed it had been unloading its stake in the miner since the release of 29Metals' quarterly...

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