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Iron Mountain Mining Limited (Iron Mountain) is an Australia-based company engaged in mineral exploration. The Company is engaged in acquiring and exploring iron ore. Its projects include Blythe River Project, Miaree Project, Mt Richardson Project, Bona Well Project, Wongan Hills Project, Kunanalling Project, Wyloo Project, She Oak...Read more
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“There are a lot of opportunities to find great projects that aren’t being funded," says Justin Lewis, director of the mini-mining investment house.
"I am delighted by the outcome of the PFS, as it proves the robustness of this potentially world-class asset that we have been able to bring to the market," said Craig Hutton, chief executive of AFCR, on the publication of the Pickstone-Peerless PFS.
The farm-in deal provides a low-cost opportunity to use the coking coal from its nearby Minas Moatize mine as part of the steelmaking process.
Beacon Hill Resources has unveiled a deal that could see it become a vertically integrated pig iron producer. The coal miner has agreed to buy in stages a 70% interest in the prospecting and exploration licence 3788L, an area in Mozambique’s Tete region prospective for iron ore.
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