Sandfire strikes billion-dollar deal for Spanish copper

Copper miner Sandfire Resources on Thursday announced a A$1.24-billion equity raise to fund the A$2.57-billion purchase of the Matsa mining complex, in Spain. The ASX-listed company has entered into a binding sale and purchase agreement with Trafigura and Mubadala Investment Company to acquire all of Minas De Aguas Tenidas (Matsa) for a cash consideration of $1.865-billion.

This article was originally published by Mining Weekly on the 23 September 2021.

Read the full article: https://www.miningweekly.com/article/sandfire-strikes-billion-dollar-deal-for-spanish-copper-2021-09-23/rep_id:3650

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