METS

The gift

WHAT a Christmas present Western Areas gave itself in 2009. Or perhaps it was a 10th anniversary present because this deal was struck just two days before that. Whatever it was, it looks to be the gift that will keep on giving. <b>Supply Side by <i>Australia’s Mining Monthly</i> editor Noel Dyson</b>

Noel Dyson

On December 22 2009 Western Areas announced that it would buy 100% of the BioHeap leaching technology from Pacific Ore. The price: a 2% royalty net of costs on any future application of the BioHeap technology....

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