Classic Minerals has retained Australian mid-tier miner IGO Limited as an exploration joint venture partner at its Fraser Range nickel-copper prospect in WA. It will pocket a $500,000 payment from IGO for 51 per cent of the prospect and the senior partner has committed a further $1m for ongoing exploration. The deal leaves Classic to focus on becoming a gold producer at Forrestania.
03/06/2021 - 16:55
Classic to shift focus to Forrestania gold after firming up Fraser Range JV
By Matt Birney
03/06/2021 - 16:55
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Rank Company Revenue 155th Classic Minerals $810k 156th Tanga Resources $807k 158th Oar Resources $773k 159th Great Southern Mining $766k 598 listed resources wa companies ranked by revenue.
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