The EMR Capital private equity firm run by Owen Hegarty has agreed to buy the Golden Grove copper and zinc mine in Western Australia from MMG for $US210 million ($291m), giving Mr Hegarty control of the mine for a second time.
Australian silver explorer Silver Mines (ASX:SVL) is now all-in as it seeks to develop the continent's largest undeveloped silver deposit- the Bowdens Silver Project.
The billionaire and other Israeli businessmen are suspected of paying tens of millions of dollars to senior state officials to secure a licence for Simandou, local police said.
The department’s most recent deficiency letter includes numerous comments, largely related to parts of the application that were missing or incomplete.
While it was “only a small diamond at 0.124 carats,” the firm says it demonstrates the potential for valuable coloured precious rocks at the mine, currently in its ramp up phase.