13
Mar
03:06
GWR completes Wiluna West sale settlement
Australian miner GWR has completed the settlement for the sale of the Wiluna West iron ore project to Gold Valley, Kallanish notes.
GWR confirms in a statement the receipt of AUD 27 million ($17.85m) following completion and settlement of the legally binding agreement for the sale.
In addition to the combined AUD 30 million cash payment, the firm says there will be AUD 2/dry metric tonne (dmt) royalty payable for iron ore produced from the Wiluna West project. T…
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