Investment Summary |
|
|---|---|
| Date | 2016-02-01 |
| Target | Salt Lake Mining Pty |
| Sector | Metals/Mining |
| Investor(s) | Karora Resources |
| Deal Type | Stake Purchase |
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| Category | Company |
|---|---|
| Founded | 2006 |
| Sector | Metals/Mining |
| Employees | 210 |
| Revenue | 317M CAD (2022) |
Karora Resources is a multi-asset mineral resource company focused primarily on the acquisition, exploration, evaluation and development of base metal and precious metal properties. RNC's principal assets are its majority stake in the producing Beta Hunt nickel and gold mine in Western Australia, the Dumont Nickel Project located in the established Abitibi mining camp in Quebec and a 30% stake in the producing Reed Mine in the Flin Flon-Snow Lake region of Manitoba, Canada. Karora Resources was founded in 2006 and is based in West Perth, Australia.
| DEAL STATS | # |
|---|---|
| Overall | 1 of 4 |
| Sector (Metals/Mining) | 1 of 4 |
| Type (Stake Purchase) | 1 of 1 |
| Country (Australia) | 1 of 3 |
| Year (2016) | 1 of 3 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2016-02-08 |
Salt Lake Mining - Widgiemooltha & Carr Boyd Projects
Perth, Australia Salt Lake Mining - Widgiemooltha & Carr Boyd Projects comprises nickel and copper reserves and are located in Australia. |
Buy | AU$2M |
