M&A

Weatherly buying Intrepid's Kitumba

HAVING consumed many tens of millions of expenditure over the years, the formerly much-touted Kitumba copper project in Zambia has been sold for the grand sum of A$4.75 million.

Michael Quinn
Weatherly buying Intrepid's Kitumba

Intrepid Mines is selling Kitumba and the Mumbwa exploration project to England-headquartered, Namibia copper miner Weatherly International, with further milestone payments totalling $1 million due if...

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