Fenix Resources is yet to decide whether it will match a bid for Mark Creasy's CZR Resources before Easter, as it navigates a three-way bidding war for the Robe Mesa iron ore project.
There were few signs Fortescue’s decision in January to buy junior iron ore neighbour Red Hawk Mining signalled the start of a flurry of acquisitory behaviour in the sector. The deal
Iron giant Rio Tinto has upped the stakes in the bidding war for a Pilbara iron ore project backed by Rich Lister prospector Mark Creasy which sits on the miner's doorstep.
Iron ore minnow Gold Valley Group has made a last-minute bid to snatch Mark Creasy's CZR Resources from the clutches of Fenix Resources for a premium price.
With Mineral Resources turning a chapter and pulling the plug on its Yilgarn iron ore hub in Western Australia, the race for potential suitors vying for a look in at Esperance's newly-released rail and port capacity is hotting up. And the star-studded list of runners and riders positioning at the starting blocks makes for some very interesting reading.
Venture Minerals has entered into a share purchase and sale agreement with Goldvalley Brown Stone, a subsidiary of private iron ore miner Gold Valley Group, regarding the sale of its Riley iron ore mine in Tasmania.
Private iron ore miner Gold Valley has won a three-year battle to move export 1.5 million tonnes of ore per year from its Goldfields mine from Geraldton to Esperance.
Cazaly Resources has received a $20 million offer from Mineral Resources for its Parker Range iron ore project in the Yilgarn region of Western Australia.
Cazaly Resources has signed an agreement to sell its Parker Range iron ore project in the Yilgarn region to private explorer Gold Valley Iron for up to $13.35 million plus royalties.
