Resources Top 5: A uranium player rises as Gina Rinehart cements junior iron ore deal

Gif: Archer – Danger Island (2018), FXX share

JV partners Legacy and Hawthorn cement earn iron ore in deal with Gina Rinehart’s Hancock Prospecting

Okapi increases resource at the ‘Tallahassee’ uranium project in Colorado by 81%

Carbine’s Muchea West has potential to host substantial, high grade, low impurity silica sand deposit Here are the biggest small cap resources winners in early trade, Thursday, April 7 JV partners LCY and HAW have cemented a deal with a subsidiary of Gina Rinehart’s Hancock Prospecting, which will shell out an initial $9m to earn into the ‘Mt Bevan’ iron ore project in WA.Hancock will make an initial investment of $9m to earn a 30% interest in Mt Bevan, with $8m cash being paid to Legacy and Hawthorn in proportion to their interest in the project (Legacy $4.8m and Hawthorn $3.2m).The remaining $1m will be working capital.Hancock will hold a […]

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