Investor pulls out Boseto Mine deal
Thursday, February 05, 2015
This is the third time talks to find a buyer for the cash strapped mine have collapsed after Singaporean firm Blumont, Chinese company, Cathay, pulled out of acquisition talks in 2013 and 2014 respectively.
According to the company statement, DML has announced that that they have started to re-engage with a number of parties who are interested in funding the Boseto Copper Mine, as the exclusive period they had entered into with Cupric has expired.
However, amidst the happiness, it is crucial to remember that the holidays can also bring unforeseen challenges. From increased traffic and travel hazards to heightened risks of accidents and social unrest, the festive period demands heightened awareness and responsible behaviour.Traffic congestion and accidents are a common occurrence during the holidays. With increased travel, roads become busier, leading to a higher risk of collisions. Alcohol...