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Altona Mining keen to finance Little Eva

Sarah Thompson and Anthony Macdonald

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Altona Mining has appointed Credit Suisse as corporate adviser as it considers ways to finance its Little Eva copper project in Queensland.

Among the strategies to consider is a long-dated deal it has with mining giant Xstrata. Altona and Xstrata signed an agreement back in 2005 which gives Xstrata the right to buy 51 per cent of Altona’s Roseby project, which includes Little Eva.

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Original URL: https://www.afr.com/policy/altona-mining-keen-to-finance-little-eva-20120612-iy0w6