Member access

4-Traders Homepage  >  Shares  >  AUSTRALIAN SECURITIES EXCHANGE LIMITED  >  Minotaur Exploration Ltd    MEP   AU000000MEP8

End-of-day quote. End-of-day quote AUSTRALIAN SECURITIES EXCHANGE LIMITED - 05/22
0.08 AUD   --.--%
05/12 Mithril Resources Ltd. - New Exploration Partner for Spargos Rewa..
05/07 MINOTAUR EXPLOR : MEP terminates gypsum sale agreement
05/04 MINOTAUR EXPLOR : Eloise Copper Joint Venture Status
News SummaryMost relevantAll newsSector news 

Minotaur Sells Exploration Plots Near Olympic Dam To BHP

04/22/2012 | 09:11pm US/Eastern

Australian mineral prospector Minotaur Exploration Ltd. (>> Minotaur Exploration Limited) said Monday that it has reached an agreement to sell five exploration tenements near BHP Billiton Ltd.'s (BHP) Olympic Dam operation to the mining giant for A$10 million and BHP's interest in another exploration asset.

BHP will buy the five plots in the Gawler Craton geological zone, where copper-gold-uranium deposits including Olympic Dam have been discovered, for cash plus its 41% interest in the Bonython Hill joint venture with Minotaur, Adelaide-based Minotaur said in a statement.

BHP is expected to make a decision this year on whether to proceed with an expansion at Olympic Dam, a project analysts have estimated could cost close to US$30 billion. The company has been working on plans to develop an open-pit mine alongside existing underground operations to sharply increase production of copper over the next 30 years, as well as the output of uranium, gold and silver.

-By Robb M. Stewart, Dow Jones Newswires; +61 3 9292 2094;

Stocks mentioned in the article : Minotaur Exploration Limited
React to this article
05/12 Mithril Resources Ltd. - New Exploration Partner for Spargos Reward Gold Proj..
05/07 MINOTAUR EXPLORATION : MEP terminates gypsum sale agreement
05/04 MINOTAUR EXPLORATION : Eloise Copper Joint Venture Status
04/21 MINOTAUR EXPLORATION : Eloise Copper JV report
01/17 MINOTAUR EXPLORATION : Drilling Results for JOGMEC JV, Cloncurry
01/08 MINOTAUR EXPLORATION : Artemis Drilling Continues to Deliver Excellent Copper-Go..
2014 MINOTAUR EXPLORATION : Exceptional copper-gold values intersected in Artemis dri..
2014 Mithril Resources Ltd - Non-Renounceable Rights Issue Closure and Shortfall N..
2014 MINOTAUR EXPLORATION : Successful closure of Share Purchase Plan and Additional ..
Duration : Period :
Minotaur Exploration Ltd Technical Analysis Chart | MEP | AU000000MEP8 | 4-Traders