Gold miner Northern Star will acquire De Grey Mining in a $5 billion deal, enhancing its gold production and solidifying its position as Australia’s leading ASX-listed gold producer. The deal includes the Hemi project, a large-scale gold development in Western Australia's Pilbara region, bolstering Northern Star's existing operations and aligning with the current robust gold market conditions.
Gold miner Northern Star will acquire De Grey Mining in a $5 billion deal, beefing up its gold output and making it by far Australia’s biggest ASX-listed gold producer.
Northern Star owns and operates the “super pit”, a huge open-cut mine on the edge of the Kalgoorlie township in WA’s Goldfields-Esperance region, which produces about 437,000 ounces of gold annually.
GOLD MINING ACQUISITION AUSTRALIA GOLD PRICES NORTHERN STAR DE GREY MINING
United States Latest News, United States Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Australian gold giant Northen Star buys rival in $5 billion dealNorthern Star’s acquisition of De Grey Mining means it will take over the flagship project, Hemi: a low-cost, large-scale gold development in WA’s Pilbara region.
Read more »
‘First taste of winter’ snow in UK brings school closures and travel disruptionsSevere weather alerts in northern Scotland, Northern Ireland, central and southern Wales and eastern English counties
Read more »
Four foreign nationals found by traditional owners on Croker Island in remote Northern TerritoryThe Northern Land Council says the four men landed on Australia's northern coastline on Monday.
Read more »
This Fiji resort is a three-star place in a five-star locationPlantation hits the bullseye for families with amazing staff, a pristine reef and excellent food packages.
Read more »
This Fiji resort is a three-star place in a five-star locationPlantation hits the bullseye for families with amazing staff, a pristine reef and excellent food packages.
Read more »
This Fiji resort is a three-star place in a five-star locationPlantation hits the bullseye for families with amazing staff, a pristine reef and excellent food packages.
Read more »