CAPITAL MARKETS

Cairn Hill sold

DESPITE the weak iron ore price, the administrators of IMX Resources subsidiary Termite Resources have successfully sold the Cairn Hill iron ore-copper mine in South Australia.

Kristie Batten
Cairn Hill sold

Ferrier Hodgson has offloaded the project, near Coober Pedy, to Perth-based, Chinese-backed Cu-River Mining Australia. The transaction was initially inked in December – before the iron ore slump accelerated...

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