CAPITAL MARKETS

Delayed Cape Lambert sale underway

SHARES in Cape Lambert were trading up to 10% higher this morning as the protracted sale of its Leichhardt copper project in Queensland began to gain traction.

Justin Niessner
Delayed Cape Lambert sale underway

The Perth-based company said a recent delay in finalising the terms of the sale resulted in a reduction in the consideration to be received. The new binding agreement with an unnamed private Malaysian...

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