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…
Read MoreAustral Resources finalises Lady Loretta takeover
