Orion Minerals buys O’Kiep Copper for R86m
Australian company aims to replicate its Prieska plans after acquiring historic mine
02 February 2021 - 07:54
ASX-listed mining company Orion Minerals has proposed to buy SA’s historic O’Kiep Copper Complex in the Northern Cape for R86m cash and shares to the three companies that own it.
Orion, which is reviving the Prieska zinc and copper mine 450km to the east, agreed it would pay R97m more for O’Kiep, depending on what it finds in an exploration programme...
Would you like to comment on this article?
Sign up (it's quick and free) or sign in now.
Please read our Comment Policy before commenting.
Subscribe now to unlock this article.
Support BusinessLIVE’s award-winning journalism for R129 per month (digital access only).
There’s never been a more important time to support independent journalism in SA. Our subscription packages now offer an ad-free experience for readers.
Cancel anytime.
Questions? Email helpdesk@businesslive.co.za or call 0860 52 52 00. Got a subscription voucher? Redeem it now.