(Updates with details on claims from paragraph 2 onwards)
Feb 1 (Reuters) - Battery metal producer IGO Ltd (IGO) said on Thursday it has been served with a court order by diversified miner South32 Ltd (S32) for royalty payments concerning the mining operations at the Tropicana gold mine in Western Australia.
South32 has estimated that the royalties payable by IGO amount to A$122.1 million ($80.17 million), excluding interest and costs for the period between December 2014 and September 2023.
"IGO rejects South32's allegations and considers the claim to be without merit", it said.
IGO in May 2021 sold its 30% stake in the Tropicana gold mine to Regis Resources Ltd (RRL) , and currently holds no interest in the project.
($1 = 1.5230 Australian dollars) (([email protected]; Twitter: https://twitter.com/sameer_manekar))
(Updates with details on claims from paragraph 2 onwards) Feb 1...
- There are more pages in this discussion • 24 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Add S32 (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
$3.90 |
Change
0.000(0.00%) |
Mkt cap ! $17.66B | |||
| Open | High | Low | Value | Volume |
| $3.90 | $3.92 | $3.89 | $65.17M | 16.70M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 10 | 30595 | $3.89 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $3.91 | 404987 | 8 |
View Market Depth
| Last trade - 16.10pm 22/05/2024 (20 minute delay) ? |
|
|||||
|
Last
$3.90 |
Change
0.000 ( 0.39 %) |
||||
| Open | High | Low | Volume | ||
| $3.90 | $3.92 | $3.89 | 5472624 | ||
| Last updated 15.59pm 22/05/2024 ? | |||||
| S32 (ASX) Chart |