OZL 0.00% $26.44 oz minerals limited

bid for northpark, page-6

  1. 276 Posts.
    In the Australian Today

    "In a separate report, RBC analyst Geoff Breen said Oz Minerals should purchase Rio's Northparkes copper mine in NSW for about $700 million. "Northparkes fits Oz's growth strategy perfectly, in our view, and the market should welcome a well-priced purchase," he said.

    Sources say Rio has sought $800m for the mine but that prospective Chinese buyers have baulked at this price."

 
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