CAPITAL MARKETS

Tethyan secures Reko Diq

TETHYAN Copper Co has completed its final earn-in from BHP Billiton on the Reko Diq exploration licenses in Pakistan, securing its 75% stake in the in which the potentially “world class” 729 million tonne Western Porphyries deposit.

Chris Cann
Tethyan secures Reko Diq

The earn-in comes 15 months early, which Tethyan said related to the “rapid progress” at the project. The agreement required Tethyan to spend $3 million on exploration and affords BHPB a clawback right....

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