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01 Aug
14:17

Australia’s Equatorial acquires Nimba Alliance iron ore project

Australia-listed Equatorial Resources Ltd has completed the acquisition of Singaporean private company Companhia Rio de Ferro (CRF)'s interests, including the Nimba Alliance project. Equatorial bought 100% of the issued capital of CFR, which held 100% of the Nimba West permit, covering 198 square kilometres and 56% of Nimba North, spanning 107km2. The Nimba Alliance project is within a cluster of major iron ore projects, notes Kallanish. The Nimba West …
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