Australia's Aeris Resources to buy Glencore's CSA copper mine

(Reuters) - Australian copper producer Aeris Resources Ltd said on Wednesday it has offered to buy the CSA copper mine in New South Wales state from global trader and miner Glencore for $575 million(433.90 million pounds).

Aeris said late stage negotiations on the offer were ongoing.

The offer comprises $525 million in cash, $50 million in Aeris shares and a royalty payable to Glencore, it said.

(Reporting by Aby Jose Koilparambil in Bengaluru; editing by Richard Pullin)