04
Jan
02:56
Strike to divest Paulsens East iron ore project
Australian miner Strike Resources will divest its Paulsens East iron ore project located in the Pilbara, Western Australia for AUD 20.5 million ($13.78m), Kallanish notes.
The firm says in a statement that it has entered into a share and asset sale agreement with Australian miner Miracle Iron for the sale of 100% of the shares in wholly-owned subsidiary, Strike Iron Ore. Strike Iron ore is the owner of Paulsens East Iron Ore, the owner of the P…
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