M&A

GBM buys Unity gold project

GBM Gold has inked a binding deal with Unity Mining to acquire the mothballed Kangaroo Flat mine near Bendigo in a deal worth $A5.7 million.

Andrew Duffy
GBM buys Unity gold project

The agreement provides Unity with a $100,000 signing fee, with further payments totalling $5.63 million payable over a number of years. The $5.63 million figure equates to Unity’s environmental bonds...

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