First Quantum buys into Aussie explorer to boost Zambia copper
It will invest A$15.2 million for a 15% stake in Prospect Resources, its neighbour in the Zambian copper belt.
Australia's drilling industry is in the doldrums following a large-scale exodus of companies to Africa in pursuit of surveying projects. According to boutique drill producer XDR in Australian Mining, local drillers are heading to Africa in response to the introduction...
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