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Weatherly releases option to buy Tsumeb tailings operation

Multicommodity miner Weatherly International has announced the release of its option to buy the Tsumeb tailings facility, in Namibia, from Dundee Precious Metals subsidiary Dundee Precious Metals Tsumeb, for $4-million. The amount would be settled by applying a credit, at the rate of $40/t, against the cost of sulphuric acid being supplied by Dundee to the company.