CAPITAL MARKETS

PanAust completes Frieda River acquisition

PANAUST has completed the acquisition of the Frieda River copper-gold project in Papua New Guinea from mining major Glencore Xstrata.

Alison Middleton
PanAust completes Frieda River acquisition

Under the completed sale agreement, PanAust will acquire an 80% interest with Highlands holding the remaining 20% with a new joint venture arrangement in place. The PNG government has a right...

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