Denham platform to assume control of Australia-listed miner
Denham Capital has agreed to take full ownership of Cradle Resources, an Australia-listed mining company that holds a 50% interest in a niobium deposit in Tanzania, at a valuation of A$55 million ($41.6 million).
Tremont Holdings, a platform backed by Denham, is Cradle’s joint venture partner on the Panda Hill Niobium project and already owns 19.6% of Cradle itself. Tremont will acquire all of the outstanding...
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