OZ Minerals is farming-in to Cassini's West Musgrave nickel-copper project in WA.

Cassini in $36m farm-in deal

Local explorer Cassini Resources has attracted OZ Minerals as a joint venture partner for its West Musgrave nickel-copper project.

Oz Minerals will have the right to earn up to a 70 per cent stake in West Musgrave by sole funding a minimum of $36 million in development and exploration costs over three and a half years.

The commitments will carry Cassini through to completion of a definitive feasibility study on West Musgrave, which incorporates its Nebo-Babel development.


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Share Price

Closing price for the last 90 trading days
Source: Morningstar

Total Shareholder Return as at 31/10/17

1 year TSR5 year TSR
110thTraka Resources100%-5%
173rdCassini Resources54%1%
296thWest African Resources22%4%
726 WA (and selected non WA) listed companies ranked by 1 year TSR relative to other companies with similar revenue
Source: Morningstar

Share Transactions

$8k Bought
$15k Bought
$15k Bought
Total value as at the date of the transaction
Source: Morningstar


193rd↑West African Resources$210k
194th-Nemex Resources$209k
195th↑Cassini Resources$200k
196th↑Dynasty Resources$190k
197th↑Traka Resources$189k
491 listed resources companies ranked by revenue.
Source: Morningstar

Remuneration from Cassini Resources

338thRichard Bevan$349k
438thGreg Miles$276k
112thMike Young$81k
Ranked by total remuneration from all listed WA companies

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