SRI.ASX
Sipa Resources expands portfolio with four strategic gold asset acquisitions in SA and WA
Sipa Resources (ASX: SRI) has made a strategic move with the proposed acquisition of four advanced gold exploration projects in South Australia and Western Australia. Under binding heads of agreement, Sipa will acquire gold deposits totalling nearly a million ounces as well as associated infrastructure. To help fund the deal, Sipa is raising $1.75 million […]
Sipa Resources signs farm-in agreement with Rio Tinto Exploration over Paterson North copper-gold project
Minerals explorer Sipa Resources (ASX: SRI) has signed a farm-in and joint venture agreement with Rio Tinto Exploration (RTX), a subsidiary of mining giant Rio Tinto (ASX: RIO), whereby RTX can earn an interest in Sipa’s flagship Paterson North copper-gold project in Western Australia. The joint venture will allow Sipa to accelerate exploration activities at […]
Rio Tinto copper find rumours spread as mining giant backs share price with $2.8b off-market buy-back
It’s been 12 months since rumours began swirling over Rio Tinto’s (ASX: RIO) alleged copper discovery in Western Australia’s Pilbara, with recent satellite images revealing a hub of activity at the site and sparking a land grab in the area. Images have surfaced of a camp set up in the region’s Paterson Province, along with […]
Rio Tinto shells out A$77.6m to Sipa Resources for Kitgum-Pader joint venture
Mining giant Rio Tinto (ASX: RIO) has announced it will farm into Sipa Resources’ (ASX: SRI) Kitgum-Pader base metals project in northern Uganda. Rio will serve up US$57 million (A$75 million) in exploration funding and US$2 million in cash payments over up to 11 years as it takes a stake of up to 75% in […]
