Classic Minerals has retained Australian mid-tier miner IGO Limited as an exploration joint venture partner at its Fraser Range nickel-copper prospect in WA. It will pocket a $500,000 payment from IGO for 51 per cent of the prospect and the senior partner has committed a further $1m for ongoing exploration. The deal leaves Classic to focus on becoming a gold producer at Forrestania.
03/06/2021 - 16:55
Classic to shift focus to Forrestania gold after firming up Fraser Range JV
By Matt Birney
03/06/2021 - 16:55
Related Data & Insights
-
-
Rank Company Revenue 160th Classic Minerals $810k 202nd Tempus Resources $392k 204th Poseidon Nickel $388k 205th Australian Silica Quartz Group $381k 1206th Athena Resources $0 604 listed resources wa companies ranked by revenue.
Powered by Morningstar ®
Data & Insights
Mentioned Organisations
Related Articles
06 Feb 2024
Classic's satisfaction deadline extended
Subscribe today for award-winning, unbiased and trusted journalism
Subscription OptionsX