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Sandfire strikes billion-dollar deal for Spanish copper

Published on23 Sep 2021

Copper miner Sandfire Resources on Thursday announced a A$1.24-billion equity raise to fund the A$2.57-billion purchase of the Matsa mining complex, in Spain. The ASX-listed company has entered into a binding sale and purchase agreement with Trafigura and Mubadala Investment Company to acquire all of Minas De Aguas Tenidas (Matsa) for a cash consideration of $1.865-billion.


This article was originally published by Mining Weekly on the 23 September 2021.


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