CAPITAL MARKETS

Citadel to buy out JV partners

CITADEL Resource Group will pay $US112.5 million ($A123.3 million) to buy out its joint venture partners and move to 100% ownership of its flagship Jabal Sayid copper-gold project in Saudi Arabia.

Kristie Batten
Citadel to buy out JV partners

The deal will see Citadel acquire the remaining 30% of Bariq Mining, the owner of the project. Citadel will pay JV partners Abdul Hadi Al Qahtani and Partners Maritime and Oilfield Services (AQM) and...

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