M&A

Galena and Toho confirm transaction

GALENA Mining has welcomed Toho Zinc and its money to the Abra lead project in Western Australia, with the A$90 million transaction that's set to see the Japanese company hold a 40% stake now said to be completed.

 A mine is now on its way at Abra, Western Australia

A mine is now on its way at Abra, Western Australia

Toho has put $20 million into the joint venture company Abra Mining, with another $10 million on its way once the definitive feasibility study is completed - still expected to be mid-year. The final...

Start a free trial to continue reading this article
Already have an account?  
Subscribe now
MORE ON THIS TOPIC

A growing series of reports, each focused on a key discussion point for the mining sector, brought to you by the Mining News Intelligence team.

A growing series of reports, each focused on a key discussion point for the mining sector, brought to you by the Mining News Intelligence team.

editions

MiningNews.net Research Report 2024

Access a multi-pronged tool to identify critical risks and opportunities in Australia’s mining industry.

editions

Mining Journal Intelligence Investor Sentiment Report 2024

Survey revealing the plans, priorities, and preferences of 120+ mining investors and their expectations for the sector in 2024.

editions

Mining Journal Intelligence Mining Equities Report 2023

Access an exclusive, inside look on the quarterly mining IPOs and secondary raisings data and mining equities performance tables with an annual Stock Exchange Comparisons supplement.

editions

Mining Journal Intelligence World Risk Report 2023 (feat. MineHutte ratings)

A detailed analysis of mining investment risks across 121 jurisdictions globally, built on 11 ‘hard risk’ metrics and an industrywide survey.