The ASX was in the red by Friday lunch as BHP got whacked and reporting season served up a few bruises.
Uranium and graphite are shaping to join gold as growth drivers for this stable East African mining jurisdiction.
The review confirmed Hualilán as a robust and strategic gold development asset, backed by a recent PFS.
The deal covers seven granted exploration licences and will see Adavale receive $650,000 in cash along with five million Orpheus shares.
WA’s biggest gas user Alcoa will buy Equus gas in a US$30m deal to support development.