PRECIOUS METALS

Greek mythology attractive, but can be painful

PERTH-based explorer Aphrodite Gold has added $A2.5 million to its coffers through a deal with Franco-Nevada that could net the Canadian-based royalty company more than $18 million.

Ron Berryman

Greek mythology attractive, but can be painful

The company announced yesterday and explained to shareholders at its annual general meeting in Melbourne today that the advance had been negotiated at a royalty of 2.5% over production from its gold project...

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