The West

UPDATE 2.25pm: Shares in Altona Mining soared after the copper miner sold its Finnish operations and promised a big one-off payout to shareholders.

The company has agreed to sell its Finish operations and exploration assets to Boliden Mineral AB for $US100 million ($A108.20 million).

Altona's Kylylahti underground decline mine is part of its broader Outokumpu copper project which will be sold off.

As a result, Altona shareholders will receive a 15-cents-per-share cash payment, which is just below the company's 17 cent share price, as a result of the sale.

Altona shares surged 4.5 cents, or 26.47 per cent, to 21.5 cents at the close of trade.

The West Australian

Latest News From The West

Police raided a notorious chain of smoke shops across Perth yesterday as it revealed officers seized more than 4500 packages of synthetic substances from the outlets last financial year.

Miami (AFP) - Donald Trump sensationally challenged Russia on Wednesday to hack into Hillary Clinton's emails as a furious Democratic campaign accused the Republican nominee of inviting foreign spies …

Popular videos