Ram buys initial 51% in Greenland Resources

ASX-listed Ram Resources said on Friday that it owned 51% of UK-based Greenland Resources (GRL), which holds the Motzfeldt multi-element project. Ram acquired the controlling stake through the issue of 150-million fully paid ordinary shares, at a...

Ram Resources inks formal deal to buy Greenland Resources

ASX-listed Ram Resources has entered into a formal agreement to buy private company Greenland Resources (GRL), which holds the beneficial interest in the Motzfeldt multi-element project. The acquisition of GRL would be done in four stages, the...

Greenland changes rules to allow for uranium exploration

Shares in Australian companies exploring in Greenland rallied on Friday on news that the country has eased a decades-old ban on uranium exploration. Perth-based Greenland Minerals, which explores the Kvanefjeld project, surged by 77% to 0,64c a...

Ram Resources to buy tantalum/niobium project in Greenland

Australia’s Ram Resources agreed to buy the Motzfeldt project in Greenland, the company announced on Wednesday. Ram would acquire the tantalum and niobium project by buying 100% of UK-based Greenland Resources’ (GRL’s) issued capital.

Canada’s Macusani buys Ram Resource’s Peru uranium assets

Australia-based mining company Ram Resources has entered into a heads of agreement with TSX-listed uranium explorer Macusani Yellowcake, to sell its Corachapi and Kihitian uranium projects, in Peru, for C$500 000. A deposit of C$25 000 was...