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Northern Star picks up another Newmont asset

NORTHERN Star Resources has agreed to acquire Newmont Corporation's Kalgoorlie power business for US$95 million.

Kristie Batten
Northern Star's KCGM operations in Kalgoorlie

Northern Star's KCGM operations in Kalgoorlie

Northern Star paid $25 million for an option to buy the business when it acquired its 50% stake in Kalgoorlie Consolidated Gold Mines from Newmont last year. The cost of the option will be deducted...

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