Rio Tinto is to become the major shareholder in West Perth-based Rox Resources after reaching an agreement over the Reward zinc and lead project in the Northern Territory.
Subiaco-based Rox Resources has entered into an agreement with a Chinese minerals company for the majority sale of its Myrtle zinc-lead project for $12.5 million cash.
Developing a minerals project in Laos has been fairly straightforward for Subiaco-based exploration company, Rox Resources Ltd, despite a recent hurdle in the form of a Laotian government moratorium on foreign investment licences.
Subiaco-based minerals explorer Rox Resources Ltd will explore for zinc and lead deposits in Western Australia's Lennard Shelf, after signing a joint venture agreement with West Perth-based Avalon Minerals Ltd.
In what will be a geographical consolidation of assets for both companies, West Perth-based Rox Resources Ltd has sold its South African diamond projects to West Leederville's Paramount Mining Corporation Ltd.
In what will be a geographical consolidation of assets for both companies, West Perth-based Rox Resources Ltd has sold its South African diamond projects to West Leederville's Paramount Mining Corporation Ltd.
Perth-based resources explorer Rox Resources Ltd today announced the discovery of a positive zone of lead-zinc sulphide mineralisation at its Pha Luang project in Laos.
ROX Resources is showing progress on two fronts as it has decided to proceed with its Pha Luang Lead-Silver-Zinc joint venture in Laos and has secured a portfolio of kimberlite pipes in South Africa.
Announced the acquisition of four highly prospective alluvial diamond prospecting licences covering 84 km near Kimberley in South Africa for an initial consideration of 1 million Rox shares.
