M&A

Northern Star in its largest acquisition yet

NORTHERN Star Resources has agreed to acquire Newmont Goldcorp's 50% stake in Kalgoorlie Consolidated Gold Mines, operator of the Super Pit, for US$800 million.

 An aerial view of Kalgoorlie's iconic Super Pit

An aerial view of Kalgoorlie's iconic Super Pit

The consideration comprises $775 million for Newmont's 50% stake in KCGM and $25 million for associated assets, comprising a separate parcel of 100%-owned Newmont tenements in the region, a transitional...

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