Mincor signs $30m PNG joint venture

Nickel miner Mincor says it is entering a new era of acquisitions and opportunities outside its home base of Kambalda after entering a $30 million joint venture covering a group of highly prospective gold and copper tenements in Papua New Guinea.


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There is a good increase in this type of JV activity. We have a number of exploration license opportunities in most countries worldwide. There is a growing interest in minerals bodies granting more licenses due to increased commodities prices.

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Share Price

Closing price for the last 90 trading days
Source: Morningstar

Total Shareholder Return as at 31/12/18

1 year TSR5 year TSR
61stGrand Gulf Energy50%-6%
264thMincor Resources-1%-9%
413thTalga Resources-25%51%
686thWhitebark Energy-60%-24%
806thWinchester Energy-81%
716 WA (and selected non WA) listed companies ranked by 1 year TSR relative to other companies with similar revenue
Source: Morningstar

Share Transactions

$36k Bought
$72k Bought
$0 Other
Total value as at the date of the transaction
Source: Morningstar


78th↓Mincor Resources$3.4m
79th↓Grand Gulf Energy$3.4m
80th↑Talga Resources$3.1m
82nd-Winchester Energy$2.8m
83rd↑Whitebark Energy$2.8m
513 listed resources companies ranked by revenue.
Source: Morningstar

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