Harmony Gold, Backed By Patrice Motsepe, Completes 1.01 Billion Copper Deal In Australia

3 Hour(s) Ago    👁 80
harmony gold backed by patrice motsepe completes 101 billion copper deal in australia

Harmony Gold, South Africas largest gold producer, backed by Patrice Motsepe, Africas first Black billionaire, has completed its 1.01 billion purchase of MAC Copper Limited, owner of the high-grade CSA Copper Mine in New South Wales, Australia.

The deal , carried out through its wholly owned Australian subsidiary, Harmony Gold Australia, marks a significant step for the Johannesburg-based mining group as it extends its reach beyond gold and deepens its position in the copper market, a metal increasingly central to the global shift toward renewable energy.

Expanding beyond gold: Harmonys copper frontier

Disclaimer: We are a news aggregator. See full disclaimer here.