West Perth-based AKD Ltd has issued a prospectus seeking $2.2 million to fund a drilling program at the Yogyakarta Ironsands Project and commence feasibility on a 300,000 tonne pa pig iron plant in central Java.
AKD Limited and its Canadian partner New Inca Gold have entered into an agreement to sell their interests in the El Molino Cu-Au project in Peru to Canadian company Lumina Copper Corp.