CAPITAL MARKETS

GMS joint ventures Furtei mine

GOLD Mines of Sardinia has entered into a joint venture with Canley Developments at GMS' only working gold mine, Furtei, on the Italian island of Sardinia.

Brad Ricks
GMS joint ventures Furtei mine

GMS currently owns 90% of the 600,000oz Furtei gold mine, with the other 10% belonging to the Sardinian government. Under the deal Canley will take a 50% stake in GMS' share of the mine by spending 15...

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