General Mining Tag

Galaxy Resources (ASX:GXY) has announced a AUS$216 million acquisition of joint venture partner General Mining (ASX:GMM). The Australia lithium developer offered General Mining shareholders 1.65 new Galaxy shares for every share already owned, a statement released by Galaxy said both boards fully support the deal....

General Mining (ASX:GMM) and its joint venture partner Galaxy Resources (ASX:GXY) have signed an offtake agreement for the Mount Cattlin project in Western Australia. The offtake agreement with two Chinese buyers for 60,000 tonnes of spodumene concentrate at US$600 per tonne is worth an estimated $36...