- Reuters•5 months ago
Global commodity merchant Trafigura's investment arm will lend $20 million to an Africa-based copper mine owned by Mawson West Ltd, as the Australian miner prepares to shutter a copper operation in an effort to deal with sinking metal prices. Galena, Trafigura's private equity arm, is the largest shareholder in Mawson West and will provide the loan to the company's unit, Anvil Mining Congo SA. Mawson West also said on Wednesday that it would put its mining operations at the Kapulo mine in Democratic Republic of Congo on care and maintenance by the end of this month.
|52wk Range||0.00 - 0.03|
|Day's Range||0.00 - 0.00|
|Avg Vol (3m)||84,966|
As of 9:54 AM EDT. Market closed.