Oxiana to sell Martabe stake to Antam

INDONESIAN company PT Antam has signed a deal with mid-tier miner Oxiana that could see the government-backed company buy 25% of Oxiana’s Martabe mine for more than $US133 million ($A138 million).

Oxiana to sell Martabe stake to Antam Oxiana to sell Martabe stake to Antam Oxiana to sell Martabe stake to Antam Oxiana to sell Martabe stake to Antam Oxiana to sell Martabe stake to Antam

The memorandum of understanding with Antam is over potential opportunities in Indonesia where the two companies can form joint ventures or other cooperative ventures.

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