Beadell Looking for Iron Ore Partner

Mining Weekly reported Beadell Resources (ASX:BDR) said it’s seeking a partner for its iron-ore resources at the Tucano project.

As quoted in the market news:

Following a strategic review of its iron-ore resources, Beadell has decided to remain a pure gold-focused company. However, the miner was reluctant to part from its iron-ore assets, stating that the envisaged strategic partner would undertake a scoping study whereby both parties would monetise significant value from the iron-ore resources.

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