M&A

Aeris takes the keys to Cracow

AERIS Resources is now a gold producer, having completed the acquisition of the Cracow mine in Queensland from Evolution Mining.

The Cracow mine in Queensland, now owned by Aeris Resources

The Cracow mine in Queensland, now owned by Aeris Resources

While the deal, announced on June 4, is worth up to A$125 million, Evolution received $60 million in cash up front - equal to Aeris' market capitalisation at yesterday's close. A further $15 million...

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