Craving copper? $502m miner Marimaca preps ASX listing

Marimaca Copper, worth some $C457 million ($502 million) on the Toronto Stock Exchange, is marching down the well-trodden path of Canadian mid-cap miners and is seeking a dual listing on the ASX.

Marimaca is preparing to file paperwork for an Australian listing after a 32 per cent share price rally this year. Its flagship asset, the Marimaca copper discovery near Antofagasta in Chile, is far closer to infrastructure like ports, roads and water than most Chilean copper mines. The company hopes to get its feasibility study away by the end of the year.