Extract from Australian article..
“As gold mining consolidation continues apace, the other deal some believe will play out over the medium term is an acquisition by Northern Star of the $2.5bn De Grey Mining.
Northern Star’s first priority is rebuilding the processing plant of the Super Pit gold mining asset that it owns, but after that attention will likely turn to De Grey.
Which is why many found its presence at Newcrest’s Telfer mine and Havieron processing facility on a site visit in recent weeks curious.
Northern Star sources say it has no interest in Telfer, but it’s very close to De Grey’s assets, so perhaps it was there while on a De Grey site visit as well, determining whether gold could be processed there.“
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Extract from Australian article.. “As gold mining consolidation...
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