06
Sep
04:36
First Quantum exercises earn-in deal with Dreadnought Resources
First Quantum Minerals has exercised its option in relation to earn-in and joint venture rights over Australian miner Dreadnought Resources’ Mangaroon nickel-copper-platinum group element (Ni-Cu-PGE) project located in the Gascoyne region of Western Australia, Kallanish reports.
The Canadian miner has funded the option period and can now earn an initial 51% interest by funding AUD 12 million ($8.18m) of expenditure by 1 March 2026. It must also pay Dreadnoug…
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