CAPITAL MARKETS

Murchison halts acquisition hunt

MURCHISON Metals says it will not seek to acquire any mining projects with the $A325 million it received from the sale of its 50% stake in Oakajee Port & Rail and Crosslands Resources to Japan’s Mitsubishi Development.

MiningNews.Net
Murchison halts acquisition hunt

Previously, the company said it was exploring its options regarding a distribution of the proceeds to shareholders, as well as considering acquisitions. In its activities report for the March quarter,...

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