Exploration to drive new IGO growth

When Independence Group (ASX: IGO) floated as a tiny explorer in early 2002 it had a big ambition to become a diversified mid-tier miner.

Barry FitzGerald*

Peter Bradford at Nova

It made a good fist of it, too, through exploration success and merger and acquisition activity over ensuing years. But the A$1.8 billion acquisition of the Nova nickel-copper-cobalt project by taking over Sirius Resources in 2015 changed things.