Shareholders approve $16B merger of Northern Star Resources and Saracen Mineral Holdings
Shareholders of Northern Star Resources and Saracen Mineral Holdings voted 99.95% in favor of a $16 billion merger, creating the world's eighth-biggest gold producer. The merger consolidates ownership of the Super Pit gold mine in Kalgoorlie-Boulder, Australia.
Capacity
2 million ounces per year by 2027
Productsgold
“99.95 per cent of votes were in favour of combining Perth-based miners Northern Star Resources and Saracen Mineral Holdings.”abc.net.au
- 3 sources
- abc.net.auSuper Pit mine merger approved with near full support creating world's eighth-biggest gold producer - ABC NewsJarrod LucasJan 14, 2021
- im-mining.comMining mergers and acquisitions Archives - Page 28 of 57 - International MiningJan 27, 2021
- miningnews.netMNN Awards: Northern Star-Saracen deal changes Aussie gold landscapeKristie BattenJul 20, 2021
Summarized from public sources; check the original articles before acting on it.