Sandfire Resources, an Australian mining and exploration company, completed the acquisition of MOD Resources, an exploration and development company, for $116m. "The company is pleased to welcome the MOD team members, both in Botswana and in Perth, Western Australia, who are joining the Sandfire Group as it embarks on its next step to become a globally diversified and sustainable mining company. We expect to be to advance the high-quality T3 project by combining the expertise and experience of both management teams with Sandfire’s financial strength," Sandfire.