African Rainbow Minerals (ARM) is evaluating a considerable copper enterprise in Papua New Guinea in partnership with US mining big Newmont Company, chairperson Patrice Motsepe stated on Tuesday. “There’s an enormous funding that we’re at the moment taking a look at in Papua New Guinea,” Motsepe stated at an occasion hosted by Bloomberg. “We have got a partnership there with Newmont which may require as a lot as 4 or 5 billion {dollars} to be invested down the road.”
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