Copper futures edged higher in London and New York as tentative signs of buying interest emerged following a string of losses.
Toronto-based Mandalay has used revenue from its Bjorkdal gold mine in Sweden and Costerfield gold and antimony mine in Australia to accumulate $55 million in cash.
Nioko, which holds approximately 41.81% of Hummingbird’s share capital, will submit the revised offer before Jan. 13.
The refinery will have the capacity to produce 1.2 million tons of alumina per year by the end of 2027.
