11
Jan
04:37
CZR to sell Robe Mesa iron ore project
Australian miner CZR Resources has inked a deal to sell the Robe Mesa iron ore project in the West Pilbara region of Western Australia for AUD 102 million ($68.56m), Kallanish notes.
CZR Resources says in a statement that the firm has entered into a binding share sale agreement for the sale of Zanthus Resources, a wholly owned subsidiary that controls an 85% interest in the Robe Mesa iron ore project, to Miracle Iron Resources, a subsidiary of Chinese f…
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