The Board of Cannindah Resources Limited is pleased to announce the appointment of Mr Michael Hansel as a non-executive Director of the Company. Michael is a Corporate Partner of HopgoodGanim Lawyers specialising in mergers and acquisitions, capital raisings, due diligence, takeovers, joint ventures, corporate restructuring and private equity transactions. Michael acts for a number of ASX-listed entities in the resources [...]
Greenstone Resources, a specialist mining and metals private equity fund based in the Channel Islands, has agreed to provide a major financial injection to Metro Mining's flagship Bauxite Hills Project, near Weipa. In an ASX announcement today, Metro Mining confirmed the signing of definitive and binding agreements with Greenstone to invest $8.9 million in Metro via a two tranche placement of 105 million shares at 8.5 [...]
Metro Mining announced that it has signed a bauxite off-take non-binding Memorandum of Understanding (MoU) with the Xinfa Group. Xinfa Group is one of the largest integrated aluminium Companies in China. It has significant refining and smelting operations in Shandong, Guangxi and Xinjiang Provinces. Metro forecasts total annual production of up to 2 million tonnes from its Bauxite Hills Project. The agreement contemplates [...]
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