Have signed agreements with Alcoa World Alumina Australia Ltd in respect of the planned gas fired co-generation facility at Pinjarra Refinery
Oroya Mining NL
Has signed a etter of intent with Barrack Gold of Australia whereby Barrack can earn-in to Mount Gibson Gold Project. Barrack will subscribe $1.35 million to the capital of Oroya. Barrack and Oroya have agreed to expedititiously negotiate and finalise a joint venture agreement.
Has entered into an option agreement with Relode Ltd for the disposal of Equs' interest in the wholly owned tenements at the Karonie Project. Relode has paid a $10,000 option fee, with the option being exercisable on 1 September 03.
Has signed an agreement with Lonmin plc to further evaluate Goldstream's Luwumbu platinum project. Lonmin may earn up to 70% equity and is committed to expenditure of $US500,000 in the first year.
Has signed a JV agreement with a Chinese company for the farm in of Jinya Gold Mine.
Niagara Mining Ltd
Has entered into an agreement with Solbec Pharmaceuticals to acquire 100% of the Jervois Range Copper Project for $1,000,000
Western Metals Ltd
Has signed a heads of agreement with Intec Ltd to investigate the feasibility of jointly developing the Hellyer Metals Project.
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