PERTH (miningweekly.com) – Diversified miner Glencore on Friday confirmed that it had received interest in its CSA copper mine, near Cobar in New South Wales.
“We are currently considering proposals and may decide to enter into a sale process for this asset. These talks are at an early stage and there is no guarantee a transaction will materialise,” a spokesperson for the company told Mining Weekly Online.
“Any sale of CSA mine would need to be to a responsible operator and represent value for our shareholders,” the spokesperson added.
The mine employs some 500 staff and contractors and in 2020 produced 46 200 t of copper, contributing A$309-million to the Glencore books.