CAPITAL MARKETS

IMX hopes new contract will put troubles behind it

IMX Resources hopes the finalisation of a life-of-mine sales contract with Vingo Resources for half of all ore produced from its Cairn Hill mining operation in South Australia will remove any market uncertainty which has plagued the group for the past six months.

MiningNews.Net
IMX hopes new contract will put troubles behind it

The uncertainty has been associated with a life-of-mine contract with its Chinese joint venture partner and biggest shareholder Taifeng Yuangchuang International Development Co, which holds a 49% stake...

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