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Rio Tinto can earn up to a 75 per cent interest in the project.

Sipa soars on Rio JV

Shares in Sipa Resources soared today after the company announced a joint venture agreement with mining giant Rio Tinto at the junior explorer’s Kitgum-Pader base metals project in northern Uganda.

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Share Price

Closing price for the last 90 trading days
Source: Morningstar

Total Shareholder Return as at 29/06/18

1 year TSR5 year TSR
486thMusgrave Minerals-3%8%
502ndPacific Bauxite-6%-4%
525thSipa Resources-9%-30%
722 WA (and selected non WA) listed companies ranked by 1 year TSR relative to other companies with similar revenue
Source: Morningstar

Share Transactions

02/11/17
$2k Bought
02/11/17
$15k Bought
02/11/17
$15k Bought
Total value as at the date of the transaction
Source: Morningstar

Revenue

212th↑Sipa Resources$155k
254th↑Bora Bora Resources$69k
255th↓Pacific Bauxite$64k
257th↑Musgrave Minerals$59k
258th↓Noble Metals$59k
507 listed resources companies ranked by revenue.
Source: Morningstar

Remuneration from Sipa Resources

358thLynda Burnett$338k
610thTara Robson$205k
749thCraig McGown$83k
Ranked by total remuneration from all listed WA companies

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