Czr Resources Ltd
CZR Resources Ltd is a mineral exploration and development company.
The business
CZR Resources Ltd is a mineral exploration and development company. The Company focuses on exploring and developing highly prospective Croydon gold project, Buddadoo copper project and Yarraloola iron ore tenements, including its 50% interest in the proposed Ashburton Link port development. The Croydon project is located in the Mallina Basin between Karratha and Port Hedland. The Yarraloola Iron Ore Project is located 140 kilometers (km) southwest of Karratha, and 100 km east of Onslow. The Buddadoo Project covers 125 square kilometers (kms2) approximately 200 km east of the port of Geraldton in the mid-west region of Western Australia. Shepherd’s Well Project is a multi-commodity prospect located 75 km south of Karratha. The Yarrie project includes geology that extends from the BHP-owned Yarrie iron ore operation about 180 km east of Port Hedland and 90 km north-east of Marble Bar in the Pilbara.
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Latest news
CZR Resources receives $75m offer for Robe Mesa project as bidding war intensifies
CZR Resources (ASX: CZR) has received a conditional $75 million proposal from three major international iron ore companies for its Robe Mesa project in Western Australia. The unsolicited proposal has been lodged by the Robe River JV, made up of Rio Tinto (ASX: RIO) (53%), Mitsui & Co (33%) and Nippon Steel Corporation (14%). If […]
Fenix Resources bids for CZR to create large-scale iron ore business in WA’s Pilbara
Fenix Resources (ASX: FEX) says partnering with CZR Resources (ASX: CZR) will create a large-scale, diversified mining and logistics business operating in Western Australia’s major iron ore regions. Fenix will bring its $56.1 million in cash and ongoing cash flow from its Mid-West operations to deploy into the development of CZR’s Robe Mesa iron ore […]
Market wrap: ASX 200 dips slightly despite energy rally
Despite a continuing rally for energy stocks on the back of a rising oil price, the Australian share market fell a little lower, following a volatile day on Wall Street. The energy sector was up 0.5% following rising oil prices which spiked to US$79 a barrel after the US and UK launched airstrikes on Houthi […]
CZR Resources strikes $102m deal for Robe Mesa iron ore project
CZR Resources (ASX: CZR) is set to gain new financial flexibility after signing a deal to sell its majority interest in the Robe Mesa iron ore project in Western Australia to a subsidiary of China’s Shenzhen Naao Jianglan Investment Company (SNIC). The $102 million CZR will receive from the sale of its wholly-owned subsidiary Zanthus […]
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