CAPITAL MARKETS

Oceanwide lifts CuDeco stake

EMERGING copper miner CuDeco’s Hong Kong offtake partner Oceanwide International Resources Investment has increased its holding in the group to 19.9% after receiving the all clear from the Foreign Investment Review Board.

MiningNews.Net
Oceanwide lifts CuDeco stake

Oceanwide increased its stake through the purchase of a further 15 million shares at $A3.80 per share, increasing CuDeco’s cash position to $162 million, with zero debt, as it looks to develop its Rocklands...

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