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09 Nov
14:59

NICKEL, COPPER, PLATINUM: IGO to farm into Broken Hill project

An IGO Ltd subsidiary intends to farm into Impact Minerals’ Broken Hill nickel-copper-platinum project in New South Wales in Australia, Kallanish reports. IGO Newsearch, a subsidiary of the Australian mining company, will earn up to a 75% interest in two of the 11 tenements at Broken Hill by spending up to AUD 18 million ($13.3m) over eight years. If it spends AUD 6m, it can earn a 51% stake. If it spends an additional AUD 12m, it can earn an additional 24% …
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