Someone posted a 45m video on here of the Karora management talking about the merger. Some of the savings they stated were:
1. Going from 2 board of directors to 1 and all the other duplication functions
2. Economies of scale when buying from suppliers
3. Ability for staff to move from different mining sites which should allow for more staff retention
4. The big one for Karora seems to be access to WGX large inventory of equipment. Some pieces have 12 to 24 months lead time and many of these pieces of equipment are needed and will be put to use immediately.
That's just off the top of my head I probably missed something.
News: WGX Westgold Resources And Karora Resources Agreed To Combine In A Merger, page-104
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