PRECIOUS METALS

Southern Gold to exit WA and focus on South Korea

SOUTHERN Gold has decided to pull up stumps in Western Australia and head north to South Korea, with its assets east of Kalgoorlie now being sold for it by PCF Capital.

The Cannon pit.

The Cannon pit.

Southern Gold said the new strategy meant a focus on the "near term" development at the 50% owned Kochang and Gubong projects. It believes the sale of the WA assets will support the company's capital...

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