M&A

Trio show Rio copper deals done dirt cheap

AS RIO Tinto and others suggested this week now is probably not the ideal time to go copper project shopping, Newcrest Mining, Copper Mountain and OZ Minerals have been among a small crop of canny Australian and Canadian companies who wrapped up deals in first world jurisdictions well ahead of the curve.

Newcrest had quite a big decision to make as it weighed up getting involved in Red Chris, BC

Newcrest had quite a big decision to make as it weighed up getting involved in Red Chris, BC

While the red metal is currently trading north of US$10,000/t, Newcrest acquired a 70% interest in the operating Red Chris copper-gold mine in British Colombia more than two years ago for $806.5 million....

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