Log in
E-mail
Password
Remember
Forgot password ?
Become a member for free
Sign up
Sign up
Settings
Settings
Dynamic quotes 
OFFON

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

SummaryQuotesChartsNewsCalendarCompany 
News SummaryMost relevantAll newsSector newsTweets 

Minotaur Sells Exploration Plots Near Olympic Dam To BHP

share with twitter share with LinkedIn share with facebook
share via e-mail
0
04/23/2012 | 03:11am CEST

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; [email protected]

Stocks mentioned in the article : Minotaur Exploration Limited
share with twitter share with LinkedIn share with facebook
share via e-mail
0
Latest news on MINOTAUR EXPLORATION LTD
05/04 MINOTAUR EXPLORATION : Maiden JORC Resource Estimate for Saints Nickel Deposit, ..
04/21 MINOTAUR EXPLORATION : Quarterly Report Period Ended 31 March 2017
04/19 MINOTAUR EXPLORATION LTD : - Drilling resumes at Eloise JV, Cloncurry
04/18 MINOTAUR EXPLORATION : Drilling resumes at Eloise JV, Cloncurry
03/22 MINOTAUR EXPLORATION : Securities Trading Policy
03/21 MINOTAUR EXPLORATION : to distribute tax credits to shareholders
03/08 CHILEAN METALS : closes Bass River JV
03/03 MINOTAUR EXPLORATION LTD : - Chameleon sale agreement executed
02/28 CHILEAN METALS : Highly Encouraged by Initial Drill Results
02/02 Minotaur Exploration - Director Appointments
More news
Sector news : Integrated Mining
02:51pDJRio Tinto To Redeem $2.5 billion in Bonds
05/20 FREEPORT MCMORAN : Thousands of Freeport Indonesia workers to strike for second ..
05/20 FIRST QUANTUM MINERALS : Zambia, First Quantum seen resolving $1.4 billion dispu..
05/19 FTSE climbs for fourth straight week, shrugging off Trump slump
05/18 TSX ekes out gain with rebound in financial stocks
More sector news : Integrated Mining
Advertisement
Chart MINOTAUR EXPLORATION LTD
Duration : Period :
Minotaur Exploration Ltd Technical Analysis Chart | MEP | AU000000MEP8 | 4-Traders
Full-screen chart
Technical analysis trends MINOTAUR EXPLORAT...
Short TermMid-TermLong Term
TrendsBearishNeutralNeutral
Technical analysis
Managers
NameTitle
Andrew Alexander Woskett Managing Director & Director
Roger John Higgins Chairman
Antonio Peter Belperio Executive Director & Director-Business Development
George McKenzie Non-Executive Director
Varis Lidums Secretary & Commercial Manager
More about the company
Sector and Competitors
1st jan.Capitalization (M$)
MINOTAUR EXPLORATION L..-8.57%0
BHP BILLITON PLC-7.00%91 013
BHP BILLITON LIMITED-3.11%91 013
RIO TINTO LIMITED5.59%76 506
RIO TINTO PLC0.28%76 506
GRUPO MEXICO S.A. DE C..-10.01%22 177
More Results