Miner buys into Cambodian copper

Geopacific Resources, an Australian mineral exploration company focused on gold and copper projects in Fiji, wants to take over Worldwide Mining Projects Limited, a mineral assets searcher in Southeast Asia. Worldwide Mining Projects Limited has signed a sales agreement with Golden Resources Development, a South Korean controlled Cambodian company, according to a press release yesterday. The sales agreement is an option to acquire an 85 per cent interest in the highly prospective Kou Sa Copper Project in northern Cambodia. The remaining 15 per cent will be acquired by a subsidiary of Worldwide Mining Projects Limited’s Cambodia partner, the Royal Group. …

http://www.phnompenhpost.com/2013010460638/Business/miner-buys-into-cambodian-copper.html