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Pertinent market/industry news/articles, page-5186

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    Hi Rewop
    We should be careful to not create incorrect expectation, The consortium decision is expected by the end of the first quarter (March), not February.

    The consortium, which includes Sumitomo Metal Mining (SMM) and Mitsubishi Corporation (MC), is expected to complete due diligence by the end of February ahead of negotiating final binding agreements by the end of the first quarter. It will continue without Mitsui & Co., as the Japanese company has decided to exit the venture.

    Cheers RED

 
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