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Orion firms backing for Okiep copper resurrection

South Africa's Industrial Development Corporation and BEE partners to fund almost half of costs

Haydn Black
Okiep

Okiep

A non-binding agreement, due to be finalised next month, positions IDC to own a 43.75% stake in New Okiep Mining Company, with Orion to hold 56.25%.   However, black empowerment partners will ultimately...

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