Peko running hot

ELMORE-subsidiary Peko has been running operations non-stop at its namesake magnetite-copper-cobalt-gold-bismuth mine in the Northern Territory, producing more than enough magnetite to meet the first offtake payment milestone to Hong Kong company Royal Advance.

The road to Tennant Creek

22 July 2022
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Peko and Royal Advance signed an ore sales agreement for the first two shipments from Darwin port, with Royal Advance believed to be keen to extend the offtake agreement for the life-of-mine product.

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