Double Crown in negotiations with second high grade barite customer
Published: Monday, 07 December 2015
While fracking activity has seen a decline in line with tumbling oil prices, Nevada-headquartered Double Crown has seen growing interest in its 4.2 barite owing to its high grade and a resurgence in re-fracking wells.
US-based Double Crown Resources is in negotiations with a
second customer for drilling grade barite (barytes).
The company has reported that the new customer is interested
in a multi-year master purchase agreement as large as, or
greater than, its previous $20m agreement announced in
A shipment of 4.2 density...