IKN

a plague o both your houses

Breaking: Anglo sells Mantoverde and Mantos Blancos to Audley for U$500m

News here.
It’s just been confirmed that Anglo American has sold its two assets to Audley (who beat out Mick Davis’s X2 for the deal). The deal is U$300m in cash up front, the other U$200m down the line when certain conditions are met.

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