M&A

Obvious funding template for De Grey seen again with Windfall deal?

GOLD Road Resources and De Grey Mining would have been some of the companies watching with interest as multinational miner Gold Fields unveiled a deal to outlay circa A$1.3 billion for 50% of the future high-grade Windfall underground operation in Canada that is planned to produce around 300,000 ounces per annum at life-of-mine all-in sustaining costs of $1100/oz.

 Hemi, WA

Hemi, WA

De Grey's interest comes as the feasibility for its large Mallina venture in Western Australia is on the cusp of completion, with earlier stage assessments pointing to capital of $1-1.5 billion for a production...

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