PERTH: Tusker Minerals Ltd (ASX: TSK) announced Tuesday it has entered into a binding agreement to sell its wholly owned Malawian subsidiary, Green Exploration Limited (GEL), to AuKing Mining Ltd (ASX: AKN) in a transaction valued at up to approximately $4.85 million. The deal transfers ownership of GEL, which holds a portfolio of exclusive prospecting…
BRISBANE: AuKing Mining Ltd. (ASX: AKN) announced Thursday it has entered into a binding agreement to acquire 100% of Orion Resources Pty Ltd, granting full ownership of the Cloncurry Gold Project in north-west Queensland. The acquisition, valued at A$33 million, will be completed in two stages. AuKing will accelerate its initial 50% acquisition for A$5…
PERTH: Resource Minerals International Ltd. (ASX:RMI) has acquired a 50% interest in a Saudi Arabian joint venture following the granting of the Shaib Marqan exploration licence, marking a significant expansion of its global mineral exploration portfolio. The licence, covering 91.8 square kilometers in the mineral-rich Ar Rayn Terrane, was granted on August 17 and is…