M&A

Carnavale reaches for Brazilian iron ore

RECENTLY-listed Carnavale Resources has signed a letter of intent to acquire two iron ore projects in Brazil, the Perth-based junior reported.

MiningNews.Net
Carnavale reaches for Brazilian iron ore

The binding LOI, signed with Tau Capital Brasil Mineracao, covers 30,000 hectares of tenements in Brazil, and an additional 30,000ha under application. Carnavale said the area contains two "significant"...

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