M&A

Highlands on the hunt

CASHED-up Highlands Pacific said it was looking for new gold and base metal project in Australia after shareholders formally approved the $US141.5 million ($A162.3 million) sale of the Kainantu gold mine to the Papua New Guinea arm of Barrick Gold.

MiningNews.Net
Highlands on the hunt

Highlands chairman Bob Bryan told shareholders at a special meeting yesterday that the transaction heralded a new beginning for the company, which has seen its gold hedge book balloon to $US93 million...

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