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Manuka acquiring 'green' NZ iron sands opportunity

SILVER miner Manuka Resources is looking at getting into the iron sands business off the coast of New Zealand with a deal to buy a company run by former Summit Resources supremo Alan Eggers for shares equivalent to about 37% (post deal) of Manuka's issued capital.

Staff Reporter
TTR has worked on the offshore project since 2007

TTR has worked on the offshore project since 2007

Eggers' Trans-Tasman Resources is the owner of a permit located in the South Taranaki Bight, off the west coast of NZ's North Island, where a bankable feasibility study is assessing an operation recovering...

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