MANAGEMENT

MAC to buy Cobar for $1.1B+

Latest deal amends payment terms agreed to on March 17

MAC deal for Cobar going through.

MAC deal for Cobar going through.

Under the deal Glencore gets US$1.1 billion as originally agreed on March 17, with payment terms amended and a 1.5% net smelter return life of mine royalty. MAC is a New York Stock Exchange-listed Special...

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