09
Feb
10:46
Fenix extends Iron Ridge with Scorpion Minerals
Australian miner Fenix Resources has signed a joint venture agreement with Scorpion Minerals for iron ore tenements that are adjacent to the Iron Ridge project in Western Australia. This is to expand its Iron Ridge project resource in Western Australia, Kallanish notes.
Under the JV agreement, Fenix may earn 70% of the iron ore rights on the tenements by funding exploration and drilling to identify up to 10 million tonnes of iron ore. The&…
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Anonymous
Very good overview of the weekly steel market.
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