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April 26, 2022
Comet Resources (ASX:CRL) managing director Matthew O'Kane shared his thoughts on Glencore's decision to sell some of its copper mines. "We see significant potential for the growth of this resource, it's a truly transformational opportunity for us," O'Kane said.
Comet Resources acquired the Mount Margaret mine, a copper project in north-west Queensland, from Glencore. According to the article from ABC News, "Glencore's decision to sell off several of its Australian copper mines is being described as a win for small mining companies by industry analysts."
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This article includes content from Comet Resources, licensed for the purpose of publishing on Investing News Australia. This article does not constitute financial product advice. It is your responsibility to perform proper due diligence before acting upon any information provided here. Please refer to our full disclaimer here.
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