African Rainbow Minerals considers Papua New Guinea copper venture with Newmont Corp

Reuters
2025.11.18 11:55
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African Rainbow Minerals is evaluating a major copper venture in Papua New Guinea with Newmont Corp, potentially requiring $4-5 billion investment. Chairman Patrice Motsepe stated the company's strong financial position supports this long-term strategy, aligned with global decarbonisation trends. ARM plans to continue investments in various minerals in South Africa and Canada.