Aeris looking to make big CSA buy

COPPER miner Aeris Resources has confirmed it’s trying to buy the CSA mine at Cobar in New South Wales from Glencore for US$575 million.

Aeris looking to make big CSA buy Aeris looking to make big CSA buy Aeris looking to make big CSA buy Aeris looking to make big CSA buy Aeris looking to make big CSA buy

Aeris sees blue sky at Glencore’s CSA operation in Cobar

Responding to media speculation in relation to the deal, Aeris said the consideration comprised $525 million cash and $50 million of shares.

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