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Originally posted by sol1:
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--------"Aussie Iron Ore Billionaire Forrest joins GOLD RUSH."- Forbes, 11.9.24 ------ https://x.com/ForbesAsia/status/1833707744177820072deal flow phaseworld's richest people including Australian iron ore billionaire Andrew Forrest. Greatland Gold , a London-listed explorer backed by Forrest, has agreed to buy Telfer mine in Western Australia from US based Newmont Corporation for US$475m. The addition of a gold mine to the basket of assets controlled by Forrest comes at an INFLECTION POINT for the billionaire who has been looking to expand away from near total reliance on iron ore, a commodity in steep decline as Chinese demand falters."
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Greatland Gold- London listed [GGP]: https://greatlandgold.com/about-us/team/"Board of Directors:Mark Barnaba, Non-Executive Chairman /Ind Director, Greatland Gold.Elizabeth Gaines, Deputy Chairman, Greatland Gold. [Current Executive Director, FORTESCUE. Global Ambassador Fortescue.]Previously CEO, Fortescue: Presided over a heralded period of operational delivery and significant shareholder value." Paul Hallam, Non-Executive Director, Greatland Gold. Major Shareholder of Greatland Gold, London-listed. ANDREW FORREST - WYLOO METALS , Australia.
