CAPITAL MARKETS

Soggy gold assets sold

THE assets that once underpinned one of Australia's major gold miners have been sold to St Barbara Mines for the grand sum of $38 million, with current reserves of just under 600,000 ounces standing in stark contrast to the 3.55 million ounces reported around 12 months ago by failed miner Sons of Gwalia.

Rebecca Keenan
Soggy gold assets sold

MiningNews.net understands more than ten companies were interested in the gold division, with the sale overseen by SoG’s administrator Ferrier Hodgson and advisors Macquarie Bank. Following the deal...

Start a free trial to continue reading this article

Already have an account?

Subscribe now

A growing series of reports, each focused on a key discussion point for the mining sector, brought to you by the Mining News Intelligence team.

A growing series of reports, each focused on a key discussion point for the mining sector, brought to you by the Mining News Intelligence team.

editions

Mining Journal Intelligence Project Pipeline Handbook 2024

View our 50 top mining projects, handpicked using a unique, objective selection process from a database of 450+ global assets.

editions

MiningNews.net Research Report 2024

Access a multi-pronged tool to identify critical risks and opportunities in Australia’s mining industry.

editions

Mining Journal Intelligence Investor Sentiment Report 2024

Survey revealing the plans, priorities, and preferences of 120+ mining investors and their expectations for the sector in 2024.

editions

Mining Journal Intelligence Mining Equities Report 2023

Access an exclusive, inside look on the quarterly mining IPOs and secondary raisings data and mining equities performance tables with an annual Stock Exchange Comparisons supplement.