Kristie Batten - Profile and Journalist Details
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Kristie Batten
Verified
Editor, Mining News
Perth
Beats
Stocks and shares, equitiesCRYPTO etcAnything not really securitization
Content
By Cecilia Jamasmie Verified, Kristie Batten Verified| Mining Verified Australian gold major Northern Star Resources (ASX: NST) is one step closer to taking control of developer De Grey Mining (ASX: DEG) and its world-class Hemi deposit in Western Australia’s Pilbara region. De Grey agreed to a A$5 billion ($3.2 billion) scrip takeover by Northern Star in December. The main question mark that hung over the deal was the intention of De Grey’s 17.26% shareholder Gold Road Resources (ASX: GOR), which had not publicly committed to vote in favour of the transaction.
By Cecilia Jamasmie Verified, Kristie Batten Verified| Mining Verified Australia’s Bellevue Gold (ASX: BGL) has emerged from a trading suspension with a weaker outlook for its namesake gold mine in Western Australia and announced a A$156.5 million equity raising to repair its balance sheet and close out hedge contracts, following a disappointing March quarter. The company had been in a trading halt for more than two weeks ahead of a guidance downgrade and capital raising.
By Cecilia Jamasmie Verified, Kristie Batten Verified| Mining Verified Australian gold major Northern Star Resources (ASX: NST) is one step closer to taking control of developer De Grey Mining (ASX: DEG) and its world-class Hemi deposit in Western Australia’s Pilbara region. De Grey agreed to a A$5 billion ($3.2 billion) scrip takeover by Northern Star in December. The main question mark that hung over the deal was the intention of De Grey’s 17.26% shareholder Gold Road Resources (ASX: GOR), which had not publicly committed to vote in favour of the transaction.
Company Info
Mining News
Perth, Australia