EVOLUTION Mining is buying 80% of the Northparkes copper-gold mine in New South Wales’ Central West from CMOC Group for US$400 (A$608) million plus a contingent consideration of up to US$75 million.
The Northparkes control room.
The Sumitomo Group will keep its 20% interest in the Northparkes joint venture. Evolution has also entered into an offtake agreement to sell its share of the copper concentrates produced at Northparkes...
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