24
Aug
04:45
Buxton and IGO enter into three interdependent transactions
Australian miners Buxton Resources and IGO have entered into transaction documents for three interdependent transactions, Kallanish notes.
The 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.…
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Very good overview of the weekly steel market.
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