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Forrestania lands Edna May in $300M WA gold hub coup
Forrestania Resources has signed a binding $300m deal to swallow Ramelius Resources’ Edna May gold hub, creating a powerhouse dual-hub processing network in WA.
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afr.com
Gold hotshot Forrestania buys Ramelius’s Edna May for $300m
The company will pay Ramelius around $200 million in cash and issue the $5.6 billion gold miner $100 million worth of shares, sources said.
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theage.com.au
Forrestania lands Edna May in $300M WA gold hub coup
Forrestania Resources has signed a binding $300m deal to swallow Ramelius Resources’ Edna May gold hub, creating a powerhouse dual-hub processing network in WA.