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Mincor Resources NL

0.6
CHANGE
+0.02 (3.45%)
20 minute delayed prices during trading hours
VOLUME
353.3K
DAY'S HIGH
0.61
DAY'S LOW
0.58
Mincor Resources NL (Mincor) is engaged in the mining and exploration of mineral resources. Mincor’s landholdings in the Kambalda area comprise the large suite of tenements around the Widgiemooltha Dome, the Carnilya Hill tenements (70% Mincor), a substantial holding over the northern half of the Kambalda Dome, and the Bluebush Line. The Cassini North prospect is a moderate magnetic anomaly located 250 meters north of the historic Cassini prospect and alongside the ... continued
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Mincor Resources NL
Mincor Resources NL (Mincor) is engaged in the mining and exploration of mineral resources. Mincor’s landholdings in the Kambalda area comprise the large suite of tenements around the Widgiemooltha Dome, the Carnilya Hill tenements (70% Mincor), a substantial holding over the northern half of the Kambalda Dome, and the Bluebush Line. The Cassini North prospect is a moderate magnetic anomaly located 250 meters north of the historic Cassini prospect and alongside the interpreted basal contact position. The Company owns the operating Miitel, Mariners and McMahon mines, as well as numerous resource-level projects and exploration prospects. The Tottenham Copper Project is located in the Lachlan Fold Belt of New South Wales. Its Gascoyne Uranium Project consists of two granted exploration licenses east of Carnarvon in Western Australia’s Gascoyne region.

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Never a truer word has been spoken. Trees don't grow to the sky as they say. ASX-listed nickel miners have surged in early trading, after the Philippines passed a bill through its lower house requiring all minerals extracted in the country to be processed prior to export. Nickel prices zoomed higher on the London Metals Exchange overnight, rising to more than US$19,000 per tonne. Mincor Resources NL (ASX: MCR), Poseidon Nickel Ltd (ASX: POS), Western Areas Ltd (ASX: WSA) and Independence Group NL (ASX: IGO) have all soared more than 1.5% higher. Poseidon Nickel has surged more than 192% since we wrote this article in April this year. Pallets group Brambles Limited (ASX: BXB) has announced the acquisition of UK-based Ferguson Group for £320 million as it looks to expand its specialist containers business. Ferguson provides over 18,000 containers to the offshore oil and gas industry to transport products and equipment. The market doesn't appear to like the move much, with Brambles shares trading down 0.5% in early trade. Tweet of the Day.
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