LEADERSHIP

FQM into African Energy Resources

FIRST Quantum Minerals has signed a binding heads of agreement with African Energy Resources that will let FQM earn a joint venture interest in the Sese Integrated Power project.

Noel Dyson

FQM into African Energy Resources

Under the deal FQM can earn a 75% interest in Sese by investing $A20 million and arranging finance as a loan carry for AER’s 25% interest in the project. Of the funds FQM invests in the project, $8...

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