Viking pockets up to $5M from asset sale to supercharge US tungsten
Viking Mines raised up to $5 million by selling its First Hit gold project in Western Australia to ASX-listed First Au. The immediate cash impact includes $2.2 million upfront and potential performance payments of $2.8 million tied to exploration milestones. This divestment allows Viking to fully focus on its Linka tungsten project in Nevada, expected to advance.
Take it further — get the full app and never miss a moment of what's happening in Australia.
This publisher's site can't be shown here due to their security settings.
Open full article →No source link available for this article.
Published 29 Jun 2026, 05:56 UTC · Updated 29 Jun 2026, 06:00 UTC
Summary by OZbrief Editorial. Original report: SMH. Editorial policy · Corrections
Trending
- Breaking: Australian arrested after teenage girl's body found in Thailand
- The abundant but expensive energy source that's under your feet
- Alyssa White resigns as UOW chief governance officer before corruption hearing
- Court returns proceeds of house sale seized from convicted paedophile
- ITV drops in-game adverts for rugby as brands focus on World Cup
- David Hencke, journalist who exposed 'cash for questions' scandal, dies at 79