Westgold to buy Karora Resources in $808 million deal

Australia’s Westgold Resources said on Monday it had agreed to acquire Toronto-listed Karora Resources in a cash-and-stock deal worth about A$1.23 billion ($808.36 million), seeking its gold assets in Western Australia.

Australia’s Ramelius ends buyout talks with Karora Resources

Australian gold miner Ramelius Resources Ltd said on Thursday it had ended discussions with Karora Resources for a potential acquisition of the Canada-based mine operator.

Karora Resources to sell 28% of Quebec nickel project

Mining News Pro - Canada’s Karora Resources (TSX: KRR), formerly known as RNC Minerals, is selling its 28% interest in the Dumont project in Quebec, one of the globe’s largest undeveloped nickel assets, to two private funds advised by Waterton Global Resource Management, for a total of up to $48 million.

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