CAPITAL MARKETS

Krucible to sell off phosphate tenements

JUNIOR explorer Krucible Metals has announced plans to sell its phosphate-bearing tenements for $A12 million to fertiliser manufacturer Daton Group Australia, sending shares soaring almost 35%.

Hannah Vickers
Krucible to sell off phosphate tenements

The non-binding offer relates to all 13 of Krucible’s phosphate-bearing tenements, including the Korella deposit and mining lease, as well as the Pilgrim site which is a joint venture with a Deep Yellow...

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