Shares in mining company Tethyan Copper Ltd have jumped more than 20 per cent after it announced a new joint venture to develop a Pakistan-based copper and gold project.
By the close of trade on Wednesday its shares had climbed 11 cents to 71 cents after a trading halt was lifted in the morning. 水曜日の貿易の閉鎖で、取り引き停止が朝撤廃された後に株は11 セントから71 セントに上った。
BHP Billiton's clawback rights have been cancelled for $US45 million plus $US5 million ($A6.84 million) in deferred payments under the terms of the 50:50 joint venture with copper miner Antofagasta plc.
Up to $US75 million ($A102.6 million) of funding to develop the Reko Diq project may be provided by Antofagasta under the terms of the deal.
Reko Diqプロジェクトを開発する最大米国75000000ドル(A1億260万ドル)の基金は契約条件の下のアントファガスタによって提供されるかもしれません。
Meanwhile, the Tethyan board reaffirmed its rejection of a hostile takeover bid by Crosby/Skafell which is due to close on January 19.
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