Coda Minerals and Torrens Mining have uncovered intense iron oxide copper gold (IOCG) from its first deep diamond drill hole at the Elizabeth Creek joint venture (JV) project, located in the Olympic Copper province of South Australia.
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Coda Minerals boosts copper project ownership
Coda Minerals has secured an additional 19 per cent interest in the Elizabeth Creek copper project in South Australia with Terrace Mining subsidiary Torrens Mining, bringing the company's total project holding to 70 per cent.
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Ansteel moves closer to $25m Gindalbie acquisition
China's Ansteel has informed Gindalbie Metals that its $25 million purchase of the company is final, allowing the iron ore company to demerge from subsidiary Coda Minerals.
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Ansteel to acquire Gindalbie Metals in $25m deal
Gindalbie Metals will demerge its subsidiary Coda Minerals to shareholders before being purchased by Chinese producer Ansteel in a deal worth around $25 million.
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