Beadell Looking for Iron Ore Partner

Base Metals Investing

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

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.

Click here to read the full Mining Weekly report.

The Conversation (0)
×