M&A

Evolution buys Tribune stake

EVOLUTION Mining has bought a 19.9% stake in Northern Star Resources' East Kundana joint venture partner Tribune Resources.

 The EKJV outside Kalgoorlie

The EKJV outside Kalgoorlie

The company said it had acquired 11.05 million shares for A$41.3 million cash. Northern Star holds 51% of the EKJV, with Tribune holding 36.75% and Rand Mining holding the balance. Late last year,...

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