trending Market Intelligence /marketintelligence/en/news-insights/trending/eg0cksgwa3fwpruhfz-geq2 content esgSubNav
Log in to other products

 /


Looking for more?

Contact Us
In This List

Oakdale Resources takes A$2.8M impairment on graphite tenement

Blog

Highlighting the Top Regional Aftermarket Research Brokers by Sector Coverage

Video

COVID-19 Impact & Recovery: Metals and Mining Outlook for H2 2021

Blog

Q&A: Data That Delivers - Automating the Credit Risk Workflow

Blog

Mining M&A in 2020 — Deal activity bounces back in H2 after disrupted H1


Oakdale Resources takes A$2.8M impairment on graphite tenement

Oakdale Resources Ltd. announced an asset impairment of A$2.8 million for its fiscal 2018 that ends June 30 due to a value write-down of its graphite tenement in South Australia.

Following a review, it decided to relinquish 49% of the tenement.

The company retained the tenements that contain graphite, iron ore and zinc while relinquishing the lower-priority areas to reduce exploration commitments while it develops other commercial opportunities.