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Tag: Austral Resources Australia

Austral Resources finalises Lady Loretta takeover

Miners News

Austral Resources Australia announced the settlement of the Lady Loretta acquisition, with full title to the mining leases, associated exploration permits, and all site infrastructure and mining camp formally transferred from Glencore to Austral, effective 30 April. Under the deal structure, Austral received US$40 million (A$55.94 million) from Glencore to take on the asset. The completion of the transaction marks…

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Austral Resources, Maronan Metals to explore Rocklands processing 

Miners News
Photo: Austral Resources

Australian copper producer and explorer Austral Resources Australia has signed a non-binding memorandum of understanding with Maronan Metals to jointly evaluate the potential toll treatment of ore from the Maronan project at Austral’s Rocklands processing facility near Cloncurry, Queensland. The proposed collaboration supports Austral’s strategy to position itself as a regional consolidator and processing hub, leveraging existing infrastructure to unlock…

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