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Eagle Mountain Eyes Oracle Ridge Revival with Nittetsu JV Deal
2:12pm on Wednesday 5th of November, 2025 AEDT
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Mining
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Eagle Mountain Eyes Oracle Ridge Revival with Nittetsu JV Deal
2:12pm on Wednesday 5th of November, 2025 AEDT
Key Points
Option agreement signed to re-acquire Oracle Ridge mine
Loan amendment extends repayment and offers debt extinguishment
Non-binding offer from Nittetsu Mining for 80% JV stake
Nittetsu to fund first US$20 million of project expenditure
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