CAPITAL MARKETS

Consolidated Tin jumps on Kagara deal

SHARES in Consolidated Tin Mines jumped 29% after the company said Snow Peak Mining’s $A40 million purchase of Kagara’s Mt Garnet plant was of “strategic importance” to it.

Kristie Batten
Consolidated Tin jumps on Kagara deal

It was announced yesterday that SPM would pick up the assets from the administrators of collapsed base metal miner Kagara. Consolidated Tin holds a 10% free-carry interest in SPM, with the remainder...

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