LEADERSHIP

Emmerson, Evolution diverge in 'smart' deal

EVOLUTION Mining and Emmerson Resources have restructured their Tennant Creek joint venture in Northern Territory such that Evolution will now own outright the Gecko, Goanna, and Orlando prospects (and associated ground), with Emmerson the 100% owner of the rest.

Michael Quinn
Emmerson, Evolution diverge in 'smart' deal

The restructure means Emmerson can look to monetise its small mines portfolio – as per the tribute mining arrangement it has in place at the Edna Beryl mine – while it continues to seek a big find in the...

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