M&A

Ramelius buys processing plant

RAMELIUS Resources is expecting to bring forward cash flow from yet to be processed ore stock piles at its Wattle Dam mine near Kambalda following the purchase of a processing plant, with investors keen on the news and sending the share price up 33%.

MiningNews.Net
Ramelius buys processing plant

The company announced it will purchase the 180,000 tonne per annum capacity Burbanks gold processing plant from Coolgardie Custom Milling for $2.8 million, funding the purchase from existing cash reserves....

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