Kazakhmys remains confident of copper’s longer term outlook

The Canadian miner has reportedly engaged law firm Thomson Geer to finalize a prospectus for listing in the ASX before Christmas.

The billionaire was charged with participating in a scheme that involved paying more than $250 million in bribes to Indian government officials.

The resource is "one of the highest-grade open-pit gold resources in Canada owned by an exploration company," its CEO says.

Over the next five years, the South Korean government is expected to invest C$20 million towards the project.