Pearl Gull Iron Ltd
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Pearl Gull Iron to Sell Cockatoo Island Project Offshore WA for $4.5 Million
Pearl Gull Iron (ASX: PLG) has executed an agreement for the sale of its interest in the historical Cockatoo Island project off the northwest coast of Australia. Under the agreement with Buccaneer Resources, Crestlink and JCA WA Nominees, Pearl Gull is divesting tenements, plant, and infrastructure associated with the Cockatoo Island operation for a consideration […]
Have iron ore miners been oversold or should investors ‘steel’ for more ferrous pain?
The pundits were right, for once: the laws of market gravity were always going to catch up with the price of iron ore, which in a matter of weeks has tumbled more than 50% from its nosebleed territory of US$220 a tonne. Still, no-one quite predicted the extent of the rout which stems from the […]