Brockman 1Q update: no mining operations

Company News

by Jessica Amir

Brockman Mining Limited (ASX:BCK) has announced it did not carry out any mining operations in the quarter ending March 2017, but recorded a consolidated cash position of HK$35.3 million.

Brockman Mining says it has been focusing on the development of the Marillana Iron Ore project in WA.

It purchased 216 second hand accommodation rooms in the quarter, for future construction and the project’s operational village.

It also set up port access via a Multi-Users Agreement and short-listed two contract groups for target cost estimates for delivering the key project.

Shares in Brockman Mining Limited (ASX:BCK) last traded at 2.2 cents. 
 

Subscribe to our Daily Newsletter?

Would you like to receive our daily news to your inbox?