ASX- and JSE-listed copper mining business Orion Minerals states a wholly-owned subsidiary of Glencore remains in the lasts of technological and economic due persistance to give Orion with in between $200-million and $250-million in funding. Orion’s subsidiary, Prieska Copper Zinc Mine, authorized a nonbinding term sheet with a subsidiary of Glencore in September, which entails funding of in between $200-million and $250-million, for a ten-year arrangement for Glencore to get 100% of the copper and zinc focuses created from the Prieska job.
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