News

Victorian gold sale comes as surprise

Victorian gold sale comes as surprise

REX MINERALS has sold its Victorian gold mining operations in a surprise sale to an anonymous buyer.

The miner sold exploration licences and assets for its gold mining projects at St Arnaud and Creswick North for a reported $1.5m.

Rex Minerals spokesman, Steve Olsen, says the company had not been looking to offload the operations and the sale was “out of the blue”.

The company says it was taking advantage of an unexpected offer while the price of gold is still low.

| More

Posted in:

Tagged with:

gold, mining operations

If you enjoyed this article, why not leave a comment, send it to a friend or subscribe to our free newsletter to have future articles delivered to your inbox.

Add a comment Comments

No comments found, be the first to add one.

Thank you very much.

Your comment has been submitted.

Name * :

Required

Please enter your name.

Email address * :

Required, but never displayed.

Please enter a valid email address.

Website :

Optional, and linked if provided.

Comment * :

Required and you can write upto 600 words for your comment.

Please enter your comment and limit it to 600 words.

Security code * :

Required

Please enter the code shown on the right.

Check this box to receive the latest updates in our email newsletter.

to get Minerals Processing
delivered to your inbox

Submit your content to Minerals Processing

Recent comments

"What a fantastic idea, this country can be much more than a quarry, it is a good example of vertical integration, a way to create a lot of…"
Alan Brammer on Project Iron Boomerang feasibility study begins
"Hi Cole, I don’t know that HSC Sim 7.0 could do that and I guess that the entire framework is in Excel. There is another steady - state…"
Cesar on Simulation optimisation
"Our ball mills can also be equipped with brakes."
Ore crusher on Grinding the brakes
"Yeah, this project is in progress n going great. It has been executed by Larson & Toubro Ltd. Equipment are partialy fabricated by FLSA n…"
SachN Solanki on Outotec to build iron ore pelletizing plant in India
"The FAST system seems attractive due to low sludge production and its modular design"
Dr B P RAVI on Newcrest introduces wasterwater system at Cadia Vally
"If it currently produces up to 13 million litres of refined petroleum products everyday, how many tonnes of pollution does it pump into the…"
Fred on Altona Refinery reaches operational milestone
"What a fantastic idea, this country can be much more than a quarry, it is a good example of vertical integration, a way to create a lot of…"
Alan Brammer on Project Iron Boomerang feasibility study begins

International bills to pay? Sign up now!

Categories

Browse topics

A
B
C
D
E
F
G
H
I
J
K
L
M
N
O
P
Q
R
S
T
U
V
W
X
Y
Z
#

Recently added topics

About

This site is an essential online source of information and a community where minerals processing professionals interact.

Related sites