CAPITAL MARKETS

South32 invests in Canadian junior

SOUTH32 will invest C$10.3 million in junior copper explorer Aldebaran Resources, which has the Altar copper-gold project in San Juan, Argentina.

Aldebran Resources' Altar in San Juan, Argentina

Aldebran Resources' Altar in San Juan, Argentina

South32 will buy 13.2 million shares at 78c per share in a non-brokered private placement, a premium to recent trading levels. The investment will give South32 a 9.9% stake in the junior, which it will...

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