Australian-Chinese miner MMG will sell its Sepon copper mining asset in Laos to a Chinese gold miner for $275 million, the company said on Thursday.
MMG will offload its 90% stake in Lane Xang Minerals, owner of the Sepon mine, to Chifeng Jilong Gold Mining, according to the statement. The Sepon mine, which started operations in 2005, has produced over...