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.
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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.
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Karora to double gold production through Beta Hunt expansion
Mining News Pro - Karora Resources has planned to increase production by 1.2 million tonnes at the Beta Hunt gold mine in Western Australia to help double the company’s production guidance.
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Karora to double gold output by 2024
Mining News Pro - Gold miner Karora Resources has announced that it will double gold production over the next three years, driven mainly by an expansion of its primary asset, Beta Hunt, in Western Australia.
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Karora shares up on new results in Western Australia
Mining News Pro - Karora Resources — previously known as RNC Minerals — announced on Wednesday a 334% increase in consolidated gold Proven and Probable Mineral Reserves to 1.33 million ounces for its Beta Hunt and Higginsville operations in Western Australia.
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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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