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Manara Minerals in advanced talks to buy stake in First Quantum's Zambian mines...
17 Oct, 2024 07:13 140 min read
Saudi Arabia's Manara Minerals is closing in on a deal to buy a minority stake in Canadian Miner First Quantum Minerals', Zambian copper and nickel assets. Manara, a joint venture between Saudi Arabian mining company Ma'aden, and its U5S925 billion Public Investment Fund, is in advanced talks to acquire between 15% and 20% equity in the Zambian assets, the sources said.... More