Marc Bishop Lafleche from Anglo Pacific Group PLC (LSE:APF, TSX:APY, OTC:AGPIF) joins Proactive to discuss its decision to buy a whole portfolio of copper and nickel royalties from South32 Royalty Investments Pty Ltd.
The transaction is for a high-quality portfolio of royalties over projects at an advanced development stage with copper and nickel projects for an initial US$185mln (£156mln) in cash and shares.
He says this 'reinforces our position as the leading, future-facing commodities royalty and streaming company'.