Perth-based metals explorers Mavuzi Resources Ltd and Mantra Resources Ltd have announced plans to merge, combining their respective South African copper-gold and uranium interests in a deal that values the merged company at $74 million.

Perth-based metals explorers Mavuzi Resources Ltd and Mantra Resources Ltd have announced plans to merge, combining their respective South African copper-gold and uranium interests in a deal that values the merged company at $74 million.