Sandfire Resources has entered into an agreement with mining services and contracting company Mineral Resources regarding the exploration and development of manganese ore at its Borroloola Project in the Northern Territory.
Directors of Polaris Metals have recommended its shareholders accept an off-market takeover bid worth up to $67 million from mining services outfit, Mineral Resources, subject to an independent expert assessment and in the absence of a superior offer.
Bibra Lake-based Mineral Resources Ltd had a double dose of good news today - it expects to more than double its profit in 2007-08 and has signed of a seven-year agreement with Hancock Prospecting Pty Ltd to develop and operate a Pilbara manganese mine.
Bibra Lake-based mining services company Mineral Resources Ltd will construct ore crushing and beneficiation facilities worth $300 million for West Perth-based Precious Metals Australia at the company's Windimurra vanadium project.
Bibra Lake-based mining services company Mineral Resources Ltd subsidiary Process Minerals International Ltd will sell a minimum of 280,000 tonnes of manganese per year to Chinese joint venture CITIC Dameng Mining Industries Ltd under a new sales contract
Bibra Lake-based and Michael Kiernan-chaired mining services provider Mineral Resources Ltd announced a forecast 55 per cent profit upgrade at its first Annual General Meeting, held in Perth today.
