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Metminco enacts Andes merger

By: Esmarie Iannucci     17th May 2019 ASX-listed Metminco has signed a binding bid implementation agreement with Colombia-focused Andes Resources to enact a merger agreement reached in March this year. Under the terms of the off-market agreement Metminco would issue 25 of its own shares for every Andes share held, with the merger to... 

Sandfire ups outlook for 2019

By: Esmarie Iannucci     18th April 2019 Copper/gold miner Sandfire Resources has reported another strong quarter at its DeGrussa mine, in Western Australia. Copper production in the three months to March reached 16 062 t, which was on par with the 16 888 t produced in the previous quarter, while gold production also remained stable at... 

Sandfire boosts senior leadership ahead of Black Butte construction

By: Creamer Media Reporter      3rd April 2019 Vancouver-headquartered Sandfire Resources has appointed mining executive John McGonigle its CFO as the company continues to build its senior leadership team ahead of the planned construction and development of its underground Black Butte copper project in the US state of Montana. McGonigle was... 

Sandfire partners with White Rock on Alaska project

By: Esmarie Iannucci     25th March 2019 Junior White Rock Minerals has struck a A$30-million earn-in and joint venture (JV) option agreement with fellow-listed Sandfire Resources over its Red Mountain base and precious metals project, in Alaska. Under the terms of the agreement, Sandfire could earn up to a 51% interest in the project... 

Sandfire approaches MOD with merger proposal  

By: Esmarie Iannucci     21st January 2019 Botswana-focused MOD Resources went into a trading halt on the ASX on Monday after Australian copper miner Sandfire Resources confirmed that it had approached the junior to express its interest in exploring a potential merger. Responding to media reports overnight, Sandfire said that the... 

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