CAPITAL MARKETS

Big steps towards gold production

NORTHERN Gold, Harmony Gold Mining Co and Tanami Gold have all taken big steps towards development of new gold mines with the $4 million acquisition by Northern and Harmony of AngloGold’s Union Reefs plant, and Tanami’s purchase of the Brocks Creek plant in a concurrent deal worth $850,000.

Michael Quinn

Big steps towards gold production

Northern and Harmony’s 50:50 Burnside joint venture is currently deep drilling the Cosmos Deeps project in the Northern Territory, with the aim of delineating sufficient gold for a five year, 100,000 ounce...

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