MELBOURNE – Australian miner Adelong Gold Ltd (ADG.AX) said on Monday it agreed to sell its remaining 49% interest in the Challenger gold project in New South Wales to joint venture partner Great Divide Mining Ltd (GDM.AX), streamlining its portfolio to focus on core assets. Under the binding agreement, Adelong will receive 10 million…
SYDNEY: Australian miner Horizon Minerals Ltd said on Friday it has agreed to sell its non-core Lake Johnston nickel project to Forrestania Resources Ltd for A$35 million ($23.2 million), as it focuses on developing its flagship gold asset. The divestment, outlined in a binding Heads of Agreement, will see Horizon receive A$30 million in…