West Perth-based Cauldron Energy has secured $10 million from Chinese investors to ramp up exploration at its suite of uranium assets in Australia and Argentina.
The friendly merger between Scimitar Resources and Jackson Minerals has been deemed to be in the best interest of the latter's shareholders following an independent valuation.
Western Australian mining identity Tony Sage will chair the combined entity of Jackson Minerals and Scimitar Resources, which have unanimously agreed to merge.