Archer signs MoU for Leigh Creek
PERTH (miningweekly.com) – Junior explorer Archer Exploration has paved the way for the development of its Leigh Creek magnesite project, in South Australia, with the signing of a memorandum of understanding (MoU) with a local operating magnesite mine.
Under the MoU, Archer and an unnamed party would work together to execute legally binding agreements for the long-term supply and mining of magnesite at Leigh Creek.
“With this MoU, Archer continues with the development of the Leigh Creek magnesite project. This is an exciting, and important milestone in the development of Leigh Creek,” said Archer chairperson Greg English.
He noted that the MoU would help to accelerate the project development timetable and provide added confidence to potential offtake partners and investors.
Archer was hoping to finalise and execute the supply agreement by the second quarter of 2016, along with agreements with mining contractors, magnesite processors and offtake customers, and to gain all government and regulatory approvals to develop the Leigh Creek project.
Comments
Press Office
Announcements
What's On
Subscribe to improve your user experience...
Option 1 (equivalent of R125 a month):
Receive a weekly copy of Creamer Media's Engineering News & Mining Weekly magazine
(print copy for those in South Africa and e-magazine for those outside of South Africa)
Receive daily email newsletters
Access to full search results
Access archive of magazine back copies
Access to Projects in Progress
Access to ONE Research Report of your choice in PDF format
Option 2 (equivalent of R375 a month):
All benefits from Option 1
PLUS
Access to Creamer Media's Research Channel Africa for ALL Research Reports, in PDF format, on various industrial and mining sectors
including Electricity; Water; Energy Transition; Hydrogen; Roads, Rail and Ports; Coal; Gold; Platinum; Battery Metals; etc.
Already a subscriber?
Forgotten your password?
Receive weekly copy of Creamer Media's Engineering News & Mining Weekly magazine (print copy for those in South Africa and e-magazine for those outside of South Africa)
➕
Recieve daily email newsletters
➕
Access to full search results
➕
Access archive of magazine back copies
➕
Access to Projects in Progress
➕
Access to ONE Research Report of your choice in PDF format
RESEARCH CHANNEL AFRICA
R4500 (equivalent of R375 a month)
SUBSCRIBEAll benefits from Option 1
➕
Access to Creamer Media's Research Channel Africa for ALL Research Reports on various industrial and mining sectors, in PDF format, including on:
Electricity
➕
Water
➕
Energy Transition
➕
Hydrogen
➕
Roads, Rail and Ports
➕
Coal
➕
Gold
➕
Platinum
➕
Battery Metals
➕
etc.
Receive all benefits from Option 1 or Option 2 delivered to numerous people at your company
➕
Multiple User names and Passwords for simultaneous log-ins
➕
Intranet integration access to all in your organisation