RE:Heres hoping theres gold in the hillsidesIRON ORE The area will have two mines closing & Macarthur drooling at the mouth with oportunity knocking(imo)
I cannot see things going down to the last day before anything is inked.
Ya would think they need to get things iron ore out soon.
Here is a article a few months ago..
https://thewest.com.au/news/kalgoorlie-miner/mp-backs-helena-range-iron-ore-ng-b88554466z Now today here is the decision
https://thewest.com.au/business/mining/rich-lister-mineral-resources-banned-from-mining-yilgarn-range-ng-b88697365z there are 425 workers seeking employment??
CCR cleveland cliffs have extended their worker contract:
https://www.bgc.cc/about-us/media/news-and-announcements/current/46 Some possible scenario's,
- Mineral resources buy Macarthur minerals iron ore assets?
- Mineral resouces buy cleveland cliffs infrastructure?
- Macarthur & Mineral resource will team up?
- Macarthur & Cleveland cliffs will team up?
- CCR will buy Macarthurs assets?