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Meteoric MD moves aside as scoping delayed and Brazil asset sold for A$30M

METEORIC Resources has delayed scoping work for its Palm Springs project in Western Australia and sold its Juruena gold deposit in Brazil for staged payments of circa A$30 million as outgoing managing director Andrew Tunks reverts to a non-executive role at the company.

Michael Quinn
Juruena, Brazil

Juruena, Brazil

Tunks said he felt now was the right time to step down having led the company since 2018, with the company's chairman praising his "excellent leadership". The sale of Juruena to Alchemist Investments'...

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