News Articles for Cyclone Metals

The Chinese company that bought a 70 per cent stake in Cape Lambert Iron Ore Ltd's namesake project on Tuesday will sign it over to its sole beneficiary, Ding Liguo, after he agreed to buy 40 million options in the company from a third party.

Leederville-based iron ore company Cape Lambert Iron Ore Ltd has signed an agreement with Portman Iron Ore Ltd, giving the company exploration and development rights on five iron ore tenements near its Koolanyobbing operations.

Leederville-based iron ore company Cape Lambert Iron Ore Ltd has issued 600,000 shares and made an option payment of $200,000 to Wickham-based Norwest Sand & Gravel for three potential iron ore tenements.

CAPE Lambert Iron Ore Ltd is reportedly in discussions with Indian corporate house Essar Group to build a pellet plant in Western Australia.

Leederville-based iron ore company Cape Lambert Iron Ore Ltd has moved to hose down speculation of an agreement with Indian steel giant Essar Group, saying the company remained in negotiations with other parties.

Iron ore exploration and development company Cape Lambert Iron Ore Ltd has signed a memorandum of understanding with Chinese company Xinxing Iron Pipes Co Ltd, relating to a potential equity sale.

Iron ore exploration and development company Cape Lambert Iron Ore Ltd has signed a farm-out agreement with Spalding Ltd for the company's Sacu gold/copper Project, located in the "Golden Quadrilateral" area of Romania.

Leederville-based Cape Lambert Iron Ore Ltd has announced plans for a reverse circulation drilling program at its iron ore project in the Pilbara region to commence next month.

Cape Lambert Iron Ore Ltd has announced its shares closed marginally up in its first day of trading on the Alternative Investment Market of the London Stock Exchange.

Leederville-based gold explorer Cape Lambert has received strong shareholder approval to finalise plans for the spin-off of its subsidiary International Goldfields Ltd.

Cape Lambert Iron Ore Ltd has signed a memorandum of understanding with Chinese steel company Sinosteel Corporation for the development of, and off-take from, the Cape Lambert Iron Ore Project in the Pilbara region of Western Australia.

Leederville-based junior miner Cape Lambert Iron Ore Ltd has sold its 16 per cent stake in Canadian gold company NFX Gold Inc. for $4.1 million.

Cape Lambert Iron Ore Ltd intends to apply for admission on the Alternative Investment Market of the London Stock Exchange to maintain and enhance its global profile, and gain greater exposure and access to European-based capital, according to managing di

Shares in gold explorer Cape Lambert Iron Ore Ltd have closed 13 per cent higher today, with over 1.5 million shares traded.

Cape Lambert Iron Ore Ltd plans to spin off its gold assets into a $3 million initial public offering.

Investors are expecting an update from Cape Lambert Iron Ore Ltd on its negotiations with Chinese partners in its planned iron ore project in the Pilbara.

Major Chinese group Shandong Yuansheng International Trading Co Ltd is understood to have confirmed that it will take up almost 20 per cent equity in Cape Lambert Iron Ore Ltd through the purchase of securities on market.

Cape Lambert Iron Ore has revealed that it has been negotiating with two major Chinese traders interested in taking a stake in the company.

Cape Lambert Iron Ore has gone back to the drawing board with its fund raising plan, seeking to launch a new prospectus after its prospective UK investors failed to subscribe to the previous offer.

Cape Lambert Iron Ore Ltd has announced that it expects to have the approximately $18 million minimum subscription required to go ahead with its plans to buy its namesake project.