A $300 million sale deal for Ravenswood gold operations is going ahead, with the new owners committed to an expansion project at the North Queensland mine. Resolute Mining said it had signed definitive agreements for the sale to a consortium involving private equity manager EMR Capital and mining company Golden Energy and Resources (GEAR). There would be no immediate changes to Ravenswood g...
– Update Jan 15 – Sale confirmed, new owners committed to Ravenswood Expansion Project Details: https://www.i-q.net.au/main/green-light-for-300m-ravenswood-gold-mine-sale Resolute Mining has confirmed it is in advanced negotiations to sell its Ravenswood gold operations to EMR Capital for up to $300 million. In an announcement to the ASX today, the gold producer said it...
Resolute Mining’s plans to expand its Ravenswood gold operations have received a boost, with the State granting nine key mining leases. The new leases include areas within the operational footprint of the proposed Buck Reef West open pit and nearby land required for infrastructure including roads, water management and noise bunding. The company has pre-funded and commenced refurbishin...
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