St Barbara Ltd acquires 70% interest in Lake Wells Gold Project
Published by Jessica Casey,
Editor
Global Mining Review,
Australian Potash Ltd has announced that St Barbara Ltd has advised satisfaction of the expenditure commitment under the earn-in and joint venture (JV) agreement to acquire a 70% interest in the tenements comprising the Lake Wells Gold Project (LWGP).
APC and SBM have now formed an unincorporated JV to continue the exploration, development and mining of mineral resources on the project. Under the terms of the agreement, APC shall not be obliged to make any contribution to project expenditure until such time as SBM have completed a bankable feasibility study into the development of any non-potash orebody within the project tenements.
Read the article online at: https://www.globalminingreview.com/finance-business/08042021/st-barbara-ltd-acquires-70-interest-in-lake-wells-gold-project/
You might also like
Ready to revolutionise the cement industry?
Join our sister publication, World Cement, in Lisbon, 10 – 13 March 2024, for their first in-person conference and exhibition: EnviroTech.
This exclusive knowledge and networking event will bring together cement producers, industry leaders, technical experts, analysts, and other stakeholders to discuss the latest technologies, processes, and policies being deployed at the forefront of the cement industry’s efforts to reduce its environmental footprint.
Andrada Mining pilot plant produces first lithium concentrate
Andrada Mining has provided an update on the first production at its lithium pilot plant in Namibia.