M&A

Northern Star coughs up another $13M for Paulsens

INTREPID Mines and Northern Star Resources have reached agreement on a new price for Intrepid's Paulsens gold mine, after Northern Star agreed to up the purchase price by $A13 million yesterday.

Nick Evans
Northern Star coughs up another $13M for Paulsens

The initial deal, announced in early May, would have seen Northern Star pay $15 million up front to acquire Paulsens, plus a royalty of $200 per ounce to a $12 million (or 60,000oz) cap. The Intrepid...

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