M&A

Gold Road travels further towards De Grey's Mallina gold project

GOLD Road Resources' unstated ambition to own the plus-10 million-ounce Mallina gold project in Western Australia has taken further shape after it increased its stake in the project's owner De Grey Mining to 19.99%.

 Mallina-Hemi country, WA

Mallina-Hemi country, WA

The additional circa 5% stake acquired mainly involves an equity collar agreement with Credit Suisse, with a collar agreement defined by Investopedia as an arrangement that "establishes a range of prices...

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