Tsodilo Resources Enters into Strategic Partnership with First Quantum Minerals

Mining Weekly reported that Tsodilo Resources has entered into a C$2.5-million private placement and strategic alliance with First Quantum Minerals.

As quoted in the Mining Weekly report:

First Quantum had also, through the transaction, acquired the right to earn up to a 70% interest in Tsodilo’s prospecting rights for base, precious and platinum-group metals and rare-earth minerals in Botswana, excluding iron-ore.

To view the whole Mining Weekly report, click here.