Strandline Resources' shares rose 7 per cent this afternoon, as the company and two other WA-based junior miners finalise agreements with the Tanzanian government.
Strandline Resources has signed a seven-year agreement with Welshpool-based contractor Mine Site Construction Services to progress its $338 million Coburn mineral sands project.
Strandline Resources will proceed with the development of its $338 million Coburn mineral sands project in WA's Gascoyne region, set to unlock 300 jobs during construction.
Strandline Resources will ramp-up construction of its $260 million Coburn mineral sands project in WA using funds raised from a share placement and rights issue.
Strandline Resources has the debt funding it requires for its Coburn mineral sands project after securing about $80 million from a senior secured bond issue.
Strandline Resources says it has secured more than 90 per cent of the forecast revenue for its Coburn mineral sands project in WA, after signing a new offtake agreement with a UK customer.
Strandline Resources has appointed Primero Group as preferred proponent to design and build processing infrastructure at its Coburn mineral sands project.
Strandline Resources has made further progress on its mineral sands project in Western Australia, having launched an $18.5 million capital raise to begin early construction works.
Mineral sands company Strandline Resources has made further progress on its Coburn project in Western Australia, having contracted Macmahon Holdings to complete road access and bulk earthworks.
Strandline Resources has secured a major portion of capital costs for its Coburn mineral sands project, with the Northern Australia Infrastructure Facility (NAIF) to provide up to $150 million in funding.
Strandline Resources has secured two thirds of revenue for its Coburn mineral sands project in Western Australia after signing three binding offtake agreements with international companies.
Strandline Resources is on track to develop its first project in Tanzania after signing a $US26 million ($A43 million) finance facility agreement with an Africa-based lender.
Our daily board moves wrap includes Morgan Ball, Egan Antill, Brian Mumme, Luke Graham, Nathan Buzza, Terry Barr, Peter Hill, Tristan Farel, Peter Bird, and Mike Joyce.
Engineering company Primero Group has secured further work with Rio Tinto under $20 million in contract variations, while at the same time maintaining its full-year earnings guidance.
Mineral sands company Strandline Resources is raising $6.5 million through a share placement and fully-underwritten rights issue to accelerate work at its flagship Coburn project in Western Australia.
Woodside Petroleum and power contractor EDL will team up for a 27-megawatt gas and renewable microgrid to be built at Strandline Resource's Coburn mineral sands project, which will include trucked LNG.
Strandline Resources has boosted its coffers with a $3 million capital raising to fund development its mineral sands projects in Tanzania and Western Australia.
GR Engineering Services has secured a $US17.6 million contract ($25 million) to design and build a processing plant for Strandline Resources' Fungoni mineral sands project in Tanzania.
Perth-based engineering firm Primero Group has appointed company director Mark Connelly as chairman and broking firm Cannacord Genuity as lead manager as its finalises plans for an initial public offering.
Heavy mineral sands explorer Strandline Resources says it will cost $US30 million ($A38 million) to bring its Fungoni project in Tanzania into production.
Mineral sands explorer Strandline Resources has completed a share placement to raise $5.2 million for ongoing work at its Fungouni project in Tanzania.
