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General Business
2 mins to read
3

West Coast gold mine raises equity ahead of IPO

Development West Coast takes a minority stake in the Snowy River project alongside founding investor AustralianSuper.

Development West Coast chief executive Heath Milne examines core samples from mine drilling at Snowy River.

Tim Hunter Fri, 28 Mar 2025

The Snowy River gold mine project on the West Coast has raised A$23 million ($25m) of new equity this week as it pushes towards an initial public offer this year.

The investment in the mine’s Australian owner Federation Mining comprised A$20m from AustralianSuper and A$3m from Development West

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Tim Hunter Fri, 28 Mar 2025
Contact the Writer: thunter@nbr.co.nz
News tip? Question? Typo? Let us know: editor@nbr.co.nz
© All content copyright NBR. Do not reproduce in any form without permission, even if you have a paid subscription.
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Federation Mining gold mining Shane Jones West Coast
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