24
Aug
04:47
Buxton, IGO enter into 3 interdependent transactions
Australian miners Buxton Resources and IGO are planning three interdependent transactions, Kallanish notes.
The three transactions are the Merlin project joint venture amendment, Narryer project transaction, and the Copper Wolf project transaction.
For the Merlin project, IGO agrees to pay Buxton AUD 1 million ($690,000) to acquire a further 29% joint venture interest in lieu of IGO incurring the remainder of in-ground, earn-in expenditure. Once completed, IGO in…
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Anonymous
Very good overview of the weekly steel market.
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