trending Market Intelligence /marketintelligence/en/news-insights/trending/5S_FG_WJrn8TA5i2t13rSA2 content esgSubNav
Log in to other products

Login to Market Intelligence Platform

 /


Looking for more?

Contact Us
In This List

RNC decides against extending option to buy Westgold's South Kalgoorlie ops

Blog

Essential Metals & Mining Insights – February 2021

Blog

Top electric vehicle markets dominate lithium-ion battery capacity growth

Blog

Message in a (Word)Cloud

Blog

Essential Metals & Mining Insights - January 2021


RNC decides against extending option to buy Westgold's South Kalgoorlie ops

Westgold Resources Ltd. on Aug. 15 said that RNC Minerals has elected not to extend its purchase option for a further six months over the former's South Kalgoorlie operations in Western Australia.

The initial six-month option period, which granted RNC a right to outright purchase South Kalgoorlie for A$80 million, expired Aug. 13.

A toll treatment agreement with RNC for 50% of South Kalgoorlie processing capacity until June 30, 2018, remains in place, Westgold noted.

The South Kalgoorlie operations include the HBJ underground mine, various open pits and the 1.2-million-tonne-per-annum Jubilee processing plant.

Westgold is currently investigating a number of joint venture and toll processing options for the company's wholly owned plant, Managing Director Peter Cook said.