Copper $ 4.8365 / lb 3.38%
Brent Crude Oil $ 64.21 / bbl 1.10%
Palladium $ 1003.9 / ozt -1.43%
Crude Oil $ 61.53 / bbl 1.18%
Natural Gas $ 3.334 / Btu 1.55%
Silver Futures $ 33.609 / ozt 1.28%
Aluminum Futures $ 2363.25 / ton 0.38%
Micro Gold Futures $ 3394.5 / ozt 2.23%
Micro Silver Futures $ 33.609 / ozt 1.25%
Platinum $ 1088.4 / ozt 0.32%
Gold Futures $ 3365.8 / ozt 2.15%
Go to MDC Markets

Chinese acquire controlling stake in Namibian copper mine with AUD$30m investment

Marc Howe | December 16, 2012 | 12:29 am Base Metals Africa China Europe Copper 

China's Heilongjiang Heilong Resources Investment is investing AUD$30 million in International Base Metals (IBML), the owner of the Omitiomire deposit in Namibia which is believed to harbor 700,000 tonnes of copper. The Australian reports that IBML, an unlisted Australia-based mineral...

Mining.com Recommends