CAPITAL MARKETS

St Barbara's Miller eyes Canadian pot of gold

THE chief executive of St Barbara Mines and the soon-to-be-created Defiance Mining, Stephen Miller, says the principal reason for the merger and move to Canada is access to debt and equity markets on better terms than in Australia.

Michael Quinn
St Barbara's Miller eyes Canadian pot of gold

Defiance will require at least US$50-60 million over the next couple of years to develop the two projects - Paulsens in Australia and Tasiast in Mauritania - that will contribute the bulk of the planned...

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