Reuters reported that CBH Resources Limited will make an announcement to the market once it has time to consider a share deal reached between Chinese smelting firm Shenzhen Zhongjin Lingnan Nonfemet and Australian zinc miner Perilya Limited.

CBH has offered 2.8 of its shares for each Perilya share if Perilya completes the sale of a copper asset in Australia, or 4.2 of its shares per Perilya share if the sale does not go through.