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How Will Gibb River Diamonds Unlock Edjudina Gold with New Contract Deal?
10:51am on Thursday 31st of July, 2025 AEST
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Mining
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How Will Gibb River Diamonds Unlock Edjudina Gold with New Contract Deal?
10:51am on Thursday 31st of July, 2025 AEST
Key Points
Contract mining agreement signed with BML Ventures for Neta Prospect
BML funds all mining capital and operating costs, reducing GIB's financial exposure
Profit split 50/50 after cost reimbursement between GIB and BML
Mining expected to commence by August 2025, pending permit grants
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Gibb River Diamonds (ASX:GIB)
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