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How Will Cobre’s A$3m Deal with Sinomine Unlock Botswana Copper Potential?
8:34am on Tuesday 2nd of September, 2025 AEST
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Mining
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How Will Cobre’s A$3m Deal with Sinomine Unlock Botswana Copper Potential?
8:34am on Tuesday 2nd of September, 2025 AEST
Key Points
Sinomine to invest A$1.5m initially, with option for further A$1.5m
Option to acquire 70% stake in Okavango Project for A$7m
Phase 1 exploration drilling funded by initial investment
Joint venture to be funded by interest-bearing loan up to A$20m
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