Emperor picks up DRD's PNG assets

EMPEROR Mines has signed an agreement with major shareholder DRD Gold to acquire its Papua New Guinea assets in a deal that will see Emperor become the third largest gold producer listed on the Australian Stock Exchange.

Emperor picks up DRD's PNG assets Emperor picks up DRD's PNG assets Emperor picks up DRD's PNG assets Emperor picks up DRD's PNG assets Emperor picks up DRD's PNG assets

Under the transaction, Emperor will acquire DRD’s Tolukuma gold mine, its 20% interest in the Porgera joint venture, and all of DRD’s exploration tenements in PNG.

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