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Articles by Wolf Petroleum
Byrnecut wins $152m West African contract
West African Resources has awarded a five-year, $152 million underground mining contract to fellow Perth-based miner Byrnecut at its Sanbrado gold project in Burkina Faso. Login below or For first time subscribers, our monthly payment starts at $1 + GST for the first month. To read more, pleasebelow or Subscribe For first time subscribers, our monthly payment starts at $1 + GST for the first month.
Peel to raise $12m
Junior explorer Peel Mining has raised $12.3 million, with gold miner St Barbara subscribing for $1.8 million as part of the placement. Login below or For first time subscribers, our monthly payment starts at $1 + GST for the first month. To read more, pleasebelow or Subscribe For first time subscribers, our monthly payment starts at $1 + GST for the first month.
Strandline, Arafura appoint DFS consultants
Mineral sands-aspirant Strandline Resources has appointed GR Engineering Services to lead a definitive feasibility study at its Coburn project, while Arafura Resources has signed on Mining Plus and a number of other consultants for a study at the Nolan project. Login below or For first time subscribers, our monthly payment starts at $1 + GST for the first month. To read more, pleasebelow or Subscribe For first time subscribers, our monthly payment starts at $1 + GST for the first month.
Junior miners to raise $12m
Peel Mining has announced completion of a $6 million share placement to fund work on its zine-lead project while Triton Minerals has launched an entitlement offer for the same amount. West Perth-based Peel raised its money at 40 cents per share, a five per cent discount to its five-day average share price.
Conico, Barra's cobalt project to cost $212m
A joint venture between Conico and Barra Resources has released a scoping study for its Mt Thirsty cobalt-nickel project near Norseman, which is expected to cost $212 million to develop. The joint venture’s scoping study detailed a 1.5 million tonne per annum operation, and a 21-year mine life with annual production of up to 27,000 tonnes of cobalt and 35,000t of nickel. The study also estimated life of mine operating costs of $43/t of ore treated. To read more, please Login or Register below
Marindi backs away from Kidman, settles with Rox
Marindi Metals has conceded defeat in its Supreme Court fight against Kidman Resources over rights to the Mt Holland lithium operation, but will receive a settlement payout from Rox Resources over a separate matter. Perth-based Marindi said this morning that, after considering the Supreme Court’s determination earlier this month, there was no formal lithium rights agreement between the company and Kidman and it would not lodge an appeal on the matter.
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