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Challenger bidding war erupts

MARMOTA Energy is willing to offer Kingsgate Consolidated double the price to be paid by WPG Resources and Pybar Mining Services for the Challenger gold mine in South Australia.

Kristie Batten
Challenger bidding war erupts

WPG and Pybar were granted an exclusive option on Friday to acquire the mine for $A1 million. But Marmota says it will pay Kingsgate $2 million to allow it to exploit synergies between Challenger and...

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