News Snapshot:
The sell-side pitch talked up Aurora’s producing (but halted) mines in Chillagoe and Mt Garnet, their 1.1 million tonnes of combined annual processing capacity, and future upside from current exploration licences. The latter, according to the flyer, includes additional ore sources at Chillagoe that could extend the projects’ life to late 2020s or early 2030s, and potential gold deposits, dubbed Red Dome near the Mungana plant. Lastly there’s the Einasleigh copper, zinc and lead deposits, which would require the new owner to build processing capabilities. Aurora Metals tried divesting assets late last year, but finally ran out of steam as...