M&A

Celsius introducing local Philippine partners to allow copper-gold development

CELSIUS Resources has reported it is in the process of doing a US$43 million deal that's aimed at unlocking development of the MCB copper-gold project in Philippines.

Celsius introducing local Philippine partners to allow copper-gold development

The currently non-binding deal involves local partners being introduced to the project to satisfy Philippines regulations requiring locals to hold 60% of mining projects. The $43 million paid in exchange...

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