Australian mid-cap miner Sandfire Resources (ASX: SFR) is buying the Minas De Aguas Teñidas (MATSA) mining complex in Spain for about $1.9 billion, as it seeks to become a large copper-focused producer. The company went into a trading halt on Thursday morning while Macquarie Capital and Citi secured investor support to raise A$1.2 billion (about $910 million) to partially fund the transaction. The acquisition of MATSA, which...
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