M&A

Glencore takes Zambezi stake

SWISS-based resources company Glencore has picked up an initial 11.5% stake in junior explorer Zambezi Resources, as part of a joint venture over the latter's Zambian copper plays.

MiningNews.Net
Glencore takes Zambezi stake

Perth-based Zambezi, which is listed in London and is exploring in Zambia, said it had entered a binding memorandum of understanding with Glencore to finalise joint ventures over Zambezi's Cheowa and Chongwe...

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