West Perth- based explorer Sheffield Resources will sell its Oxley potash project, near Geraldton, to South Australian Centrex Metals for $2.5 million.
Mineral sands explorer Sheffield Resources has raised $11.5 million through a share placement as it works towards completion of a pre-feasibility study at its Thunderbird project.
With 10 out of 11 Western Australian resources-focused listings from December 2010 trading above their issue price, 2011 promises to be a strong year for minerals-related investment.