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OZ MINERALS says it has agreed on commercial terms with China’s Minmetals over the proposed $US1.2 billion ($A1.6 billion) sale of its assets – with the exception of Prominent Hill and Martabe – and is in talks with lenders over further debt extensions.
The diversified miner said in a statement that a formal sale implementation agreement had now been signed with the proposed transaction expected to be wrapped up in mid to late June 2009, subject to
Calidus slows Blue Spec buy; Pure signs Samsung MOU; Lynas delves deep at Mt Weld; and more
Mining Briefs: Alt, Minotaur and more
Downer moves out of underground mining
