INVESTMENT - Asian support for Oceanic Iron Ore

Canadian company Oceanic Iron Ore Corp has engaged CapitalAsia Investment Holdings Group as a strategic advisor in respect of select strategic partnering initiatives focused in China. The company has also arranged a non-brokered financing of Can $3 million subscribed for by Sino-Canada Natural Resources Fund.

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INVESTMENT - Brockman MoU for port plan

Brockman Mining has signed an MoU with the Chinese-owned Tianjin Port group to investigate development of multi-user port infrastructure for the North West Infrastructure (NWI) iron ore alliance in Western Australia’s Pilbara region.

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INVESTMENT - Further Ansteel Karara support

Gindalbie Metals has agreed in principle with its joint venture partner Ansteel to a restructure of the Karara Iron Ore Project in Western Australia in a move which Gindalbie says will leave it ideally positioned to take advantage of growth opportunities.

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