BASE METALS

Independence scratches Jaguar with US$55m sale

Independence Group (ASX: IGO) is selling its Jaguar base metal operation in Western Australia to CopperChem for A$73 million (US$55 million) in a deal that’s said to emphasise the company’s focus on its core assets and an increased leaning towards the burgeoning battery minerals space.

Michael Quinn
 A new dawn for Jaguar in the hands of CopperChem

A new dawn for Jaguar in the hands of CopperChem

The transaction will see an initial A$25 million heading Independence's way, with further payments of $16 million to be paid annually for the next three years. Independence MD Peter Bradford described...

Start a free trial to continue reading this article
Already have an account?  
Subscribe now

A growing series of reports, each focused on a key discussion point for the farming sector, brought to you by the Kondinin team.

A growing series of reports, each focused on a key discussion point for the farming sector, brought to you by the Kondinin team.

editions

Mining Journal Intelligence Investor Sentiment Report 2024

Survey revealing the plans, priorities, and preferences of 120+ mining investors and their expectations for the sector in 2024.

editions

Mining Journal Intelligence Mining Equities Report 2023

Access an exclusive, inside look on the quarterly mining IPOs and secondary raisings data and mining equities performance tables with an annual Stock Exchange Comparisons supplement.

editions

Mining Journal Intelligence World Risk Report 2023 (feat. MineHutte ratings)

A detailed analysis of mining investment risks across 121 jurisdictions globally, built on 11 ‘hard risk’ metrics and an industrywide survey.

editions

Mining Journal Intelligence Global Leadership Report 2023: Social licence

Gain insights into social licence trends and best practices from interviews with 20+ top mining company executives and an industrywide survey.