The latest in a series of M&A deals in the mining sector in Asia, a Chinese P-E firm (with...

|By:, SA News Editor

The latest in a series of M&A deals in the mining sector in Asia, a Chinese P-E firm (with state backing) offers about $850M for Australian copper explorer Discovery Metals. This comes on the heels of a bid for Australian iron ore miner Arrium as investors/nations try to take advantage of slumping prices by acquiring key resources.