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Cape Lambert halts trading after $95m tax slug

Posted May 18th 2012 at 9:23 am

West Australian businessman Tony Sage's Cape Lambert Resources has gone into a lengthy trading halt today after being hit with a $95 million bill from the Australian Tax Office. Mr Sage, the company's executive chairman, said he was working with the ATO to resolve an issue over the sale of... read more

Admirality Resources discovers new iron targets near Soberana Prospect, Chile

Posted May 18th 2012 at 9:21 am

Admiralty Resources has identified two iron targets at the Soberana Prospect, part of the Harper South Project in Chile, in a high resolution ground magnetic survey. The targets, Soberana and Media Soberana, have been identified as being susceptible to contain iron mineralisation. Soberana... read more