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Adaman makes offer for Maximus' mill

ADAMAN Resources has emerged as the new buyer of the Burbanks mill in Western Australia's Goldfields, agreeing to pay A$5.8 million to current owner Maximus Resources, after a previous $3.2 million sale and leasing deal with mining services company GBF Mining was scrapped for taking too long.

Haydn Black
Burbanks.

Burbanks.

The two-year-old Adaman was set up by drilling services firm Mitchell Group, contractor SMS Mining and logistics firm Rivet Group, and has been on an acquisition streak lately.   It is redeveloping...

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