23
Nov
02:54
Hoa Phat purchases Bramfield iron project
Australian metal explorer Oar Resources has concluded the sale of its Bramfield iron ore project in South Australia to Dragon Resource Investment (DRI), a subsidiary of Vietnamese steelmaker Hoa Phat Group, for an all-cash settlement of AUD 440,000 ($292,254), Kallanish notes.
The sale was subject to the successful excise of the exploration area comprising the Bramfield iron ore project by conditional surrender from the company's exploration Licence 6558…
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