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IGO, Encounter form $15m Paterson JV
IGO is set to establish a joint venture (JV) with Encounter Resources for the Yeneena copper-cobalt project in the Paterson province of Western Australia. The earn-in and JV agreement would allow IGO to earn a 70 per cent interest in Yeneena by sole funding up to $15...
Panoramic puts Barminco in control of Savannah
Panoramic Resources has handed underground operational management of the Savannah nickel mine in Western Australia to Barminco. The contractor expects additional underground fleet to arrive on site over coming weeks to improve equipment reliability. Panoramic was...
Deals in metals and mining boosted by Super Pit sale
The value of mergers and acquisitions (M&A) deals in Australia’s metals and mining industry increased by 367.4 per cent during the fourth quarter of 2019. Australian M&A deals reached $US3.37 billion ($5.2 billion) during the fourth quarter, which marked a...