Australia's Aurelia Metals in talks to buy Glencore's CSA copper mine
Reuters
Published Apr 26, 2019 01:36
Australia's Aurelia Metals in talks to buy Glencore's CSA copper mine
(Reuters) - Australian miner Aurelia Metals Ltd said on Friday it was in talks about a possible acquisition of the CSA copper mine in New South Wales state, owned by global trader Glencore (LON:GLEN).
"The company's high-level assessment is that CSA mine could potentially be a strategic fit for AMI," Aurelia said in a statement.
Fellow Australian copper producer Aeris Resources Ltd said earlier this month it was unable to reach an agreement with Glencore on its $575 million (446 million pounds) offer to buy the CSA copper mine.
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Written By: Reuters
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