Auroch acquires Minotaur nickel ore deposits for $1.03 million

Auroch Minerals has signed a binding agreement with fellow Australian miner Minotaur Exploration to acquire its Western Australian Saints and Leinster nickel sulfide deposits for A$1.5 million ($1.03 million), Fastmarkets learned on Tuesday May 28.

The Saints deposit houses 1.05 million tonnes of unexploited 2% nickel-containing ore while the smaller Leinster deposit comprises 600,000 tonnes of unexploited 1.39% nickel-containing ore. Both sites have capacity to...

Published

Amy Hinton

May 28, 2019

13:20 GMT

London