News
02 December 2024

Northern Star Resources to buy De Grey in $3.3bn deal

In:
Metals and Mining
Region:
Asia-Pacific

Australian gold miner Northern Star Resources will buy De Grey Mining in an all-share deal valuing the smaller miner at A$5 billion ($3.3 billion) as high gold prices spur consolidation in the sector.For Northern Star, the deal offers low-cost, medium- to longer-term growth through access to De...

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