MMG Plans to Buy Copper Mine in Africa for $1.88 Billion

Mining company MMG has agreed to buy a copper mine in Africa for an enterprise value of nearly $1.88 billion as part of an effort by the Chinese government-backed company to expand its portfolio. MMG, which is nearly 68%-owned by state-owned China Minmetals, plans to buy the Khoemacau mine in…#mmg #africa #chinaminmetals #khoemacau #botswana #kalaharicopperbelt #hongkong
Source: Reuters: Health - Category: Consumer Health News Source Type: news