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Multi-billion-dollar miner looking to back Anax at Whim Creek

One of the world’s major miners is looking to back a relatively tiny base metals play at Whim Creek in Western Australia targeted for development by 80% owner Anax Metals.

Michael Quinn
Mining at Whim Creek in Western Australia, back in the day, by former owner Straits Resources

Mining at Whim Creek in Western Australia, back in the day, by former owner Straits Resources

Diversified producer Anglo American and Anax have signed a non-binding term sheet that involves Anglo acquiring a 1% net smelter return for US$2 million for future copper and zinc production, with the...

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