MMG concludes sale of Sepon copper mine to Chifeng Jilong

December 01, 2018 / www.metalbulletin.com / Article Link

Australian-Chinese miner MMG Ltd has completed the sale of its Sepon copper gold mine to China's Chifeng Jilong Gold Mining for $275 million, the company said on Friday November 30.

The deal was first announced in June, when MMG agreed to sell its 90% stake in Lane Zang Minerals, owner of Sepon mine, to the Chinese mining company. Sepon is a Laotian open pit copper mine...

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