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26 Oct
02:51

Jindalee acquires 80% of Deep Well project

Australian miner Jindalee Resources has inked a deal to acquire an 80% stake of the Deep Well nickel-copper-platinum group elements project in the Murchison Province of the Eastern Goldfields of Western Australia, Kallanish notes. Its 100% owned subsidiary Dynamic Metals Limited (Dynamic) has signed a binding term sheet for the purchase from M61 Holdings Pty Ltd (M61), for a total consideration valued at AUD 270,000 ($172,434), payable in cash and Dynamic sha…
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