M&A

Kingwest moves to Menzies

AS SPECULATED by <i>MNN</i> last week, Kingwest Resources has agreed to buy a parcel of gold projects around Menzies from the recently-enlarged Intermin Resources, freeing up that company to focus on developing mines at Kalgoorlie and Coolgardie, Western Australia.

 The Yunndaga pit.

The Yunndaga pit.

Kingwest will purchase Intermin's legacy Menzies and Goongarrie projects, located 80-130km north of Kalgoorlie, for A$8 million over 18 months, split as $3.37 million in cash and $4.625 million in Kingwest...

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