MINARA RESOURCES LIMITED

ASX:MRE (AUD) 0.87 [+0.01 (+1.17%)] Nov 20 2009 - Close

FWB:AQB (EUR) 0.53 [+0.00 (+0.38%)] Nov 20 2009 - Close

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Type: Public
Classification: Monitor

Stock Quote: ASX:MRE, FWB:AQB

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30 THE ESPLANADE, LEVEL 4
PERTH
Western Australia
Australia, 6000
Phone: +61 8 9212 8400
Fax: +61 8 9212 8401

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Company Summary

Minara Resources Limited is engaged in the operation of the Murrin Murrin nickel and cobalt open pit mine and processing facilities, as well as in nickel exploration.

Company News

Monday, November 02, 2009

Property: RAVENSTHORPE

Minara Resources Limited (Minara) notes the article in The Australian Financial Review today which refers to Minara’s participation in the process for the sale of Ravensthorpe by BHP Billiton. Minara confirms it is participating in the sale process, which is subject to strict confidentiality obligations. As part of its due diligence, Minara is exploring various funding options. There is no certainty of the outcome of Minara’s participation in the sale process. Minara will continue to keep the market informed of any material information.

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