MINING.COM

Sibanye says still in race for Zambia’s Mopani Copper Mine assets

Zambia's ZCCM-IH hires Rothschild & Co for Mopani Copper Mines restructuring

Mopani Copper Mine (Image courtesy of photosmith2011 | Flickr.)

Sibanye Stillwater said on Tuesday that a process to choose a buyer for Zambia’s Mopani Copper Mines in which it has expressed interest is still ongoing.

The Johannesburg-based precious metals producer, which is among mining investors short-listed to buy the copper mines owned by Zambia’s state-owned firm ZCCM-IH, said a competitive process to determine a successful bidder is under way.

(By Felix Njini; Editing by Jason Neely)

Exit mobile version