Mineral Resources (ASX:MIN) fetched AU$780 million in initial payment for the completed sale of exploration permits 368 and 426 to Hancock Prospecting, according to a Wednesday filing with the Australian bourse.
In the same filing, Mineral Resources said the companies agreed to form two 50-50 exploration joint ventures over the mining company's remaining exploration permits in the Perth Basin and Carnarvon Basin. Under this, Hancock will buy 50% of Mineral Resources' Explorer drill rig and associated infrastructure for AU$24 million.
Completion is expected in the first quarter of 2025.
The mining company added that definition drilling for the Moriary Deep Prospect is underway in the onshore Perth Basin, and further drilling for Lockyer-6 will be completed in fiscal 2025 to meet the requirements to unlock a potential purchase price adjustment of up to AU$327 million.
Price (AUD): $34.87, Change: $+0.18, Percent Change: +0.52%
免责声明：投资有风险，本文并非投资建议，以上内容不应被视为任何金融产品的购买或出售要约、建议或邀请，作者或其他用户的任何相关讨论、评论或帖子也不应被视为此类内容。本文仅供一般参考，不考虑您的个人投资目标、财务状况或需求。TTM对信息的准确性和完整性不承担任何责任或保证，投资者应自行研究并在投资前寻求专业建议。