Discovery inks deal with Swiss firm

The Australian mining company has established the long term strategic alliance with Transamine, ahead of its expected mine opening in 2012

According to a press release from Discovery, the companies have agreed on an initial five year off take contract in anticipation of a decision to proceed with the construction of the Boseto Copper Project in Maun. Transamine will purchase 25m shares in DML in recognition of the strategic relationship between the parties.