CAPITAL MARKETS

All change for Chameleon

AUSTRALIAN gold explorer Chameleon Mining has turned its sights to Indonesia after striking a deal worth up to $A10 million to acquire the Kupang manganese property and will be changing its name to Kupang Resources to reflect its new focus.

MiningNews.Net
All change for Chameleon

Initially, it will acquire a 30% stake in the project for $3.5 million but can increase this to 55% by forking out a further $6.5 million and will retain well-credentialed local Refafi Gah as a joint venture...

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