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Copper Mountain sells Oz assets to Harmony

Toronto-listed Copper Mountain Mining has entered into a definitive agreement with Johannesburg-listed Harmony Gold to sell its wholly-owned Eva Copper project and a land package in Queensland, Australia for up to US$230 million.

Steven Swindells
Harmony Gold buys into copper asset

Harmony Gold buys into copper asset

Copper Mountain Mining will receive $170 million in cash on the closing of the transaction for the Australian assets. Two separate contingent payments of $30 million each will also be paid, based on future...

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