EXPLORATION & DEVELOPMENT

Orchid retreat in Tibet

ORCHID Capital has shelved plans to acquire an 80% stake of the multi-million tonne Qu Long and Jia Ma copper projects in Tibet, and will write down $3.3 million for all its Tibetan projects.

Ben Sharples
Orchid retreat in Tibet

The Perth-based company said it had received information early last month regarding an undisclosed rival bidder for the Qu Long copper project, and after consulting with various Government authorities,...

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