CAPITAL MARKETS

Monarch building asset base

THE Michael Kiernan-chaired Monarch Resources is a step closer to its goal of becoming a 500,000 ounce per annum gold producer after picking up the Minjar project in Western Australia for $A10 million from Gindalbie Metals.

Ben Sharples
Monarch building asset base

The acquisition secures Monarch a resource inventory of more than 400,000oz and the fully permitted 600,000 tonnes per annum Minjar gold treatment facility. Gindalbie produced around 122,000oz from the...

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