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Eagle Mountain Completes Oracle Ridge JV with Nittetsu Funding US$20 Million
8:15pm on Friday 15th of May, 2026 AEST
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Mining
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Eagle Mountain Completes Oracle Ridge JV with Nittetsu Funding US$20 Million
8:15pm on Friday 15th of May, 2026 AEST
Key Points
Nittetsu acquires 80% ownership and management
US$3.5 million paid to extinguish debt and exercise mine option
Eagle Mountain retains 20% interest, free-carried
Nittetsu to fund further US$16.5 million in project costs
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