AR1 0.00% 16.0¢ austral resources australia ltd

The company is also planning to undertake another potential...

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    The company is also planning to undertake another potential joint venture (JV) in conjunction with its current JV alongside Swiss multinational and globally diversified mining giant Glencore (LON:GLEN), he says.

    “We are talking to 3 Australian-based companies in particular on JV opportunities that are not necessarily just in and around or processing facility…we’ve already got a joint venture with Glencore and that is in relation to the JV we did about 6 months ago, which was about $6.3 million expenditure with Glencore over the next 4 years on a small portion of our tenement package.”


 
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