27
Jul
15:05
Azure Minerals closes on sale of Mexican assets to Bendito Resources
Australia-based Azure Minerals says it has completed the sale of its Mexican precious and base metals projects to Bendito Resources for cash and shares valued at AUD 20 million ($13.8m) in two tranches, within 18 months, Kallanish reports.
The sale will allow Azure Minerals to focus on its Andover nickel-copper-cobalt project in Western Australia, says Azure Minerals’ managing director Tony Rovira. The company owns a 60% stake in the Andover project. The dea…
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Very good overview of the weekly steel market.
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