St Barbara Ltd (SBM) recently announced the acquisition of Atlantic Gold Corporation (TSX-V: AGB) for a total cost of A$768m. AGB owns and operates the Moose River Consolidated (MRC) gold operation in Nova Scotia, Canada. MRC has Resources of 2.4Moz and Reserves of 1.9Moz. The acquisition will be funded by a $490m non-renounceable entitlements issue,Read more
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