Macraes miner announces $1b US deal
OceanaGold buys South Carolina project, reports first half profit plunge.
Tim Hunter
Fri, 31 Jul 2015
Macraes gold mine operator OceanaGold [NZX: OGC] has agreed to buy a gold mine in the US for $C856 million ($995m) in an all share transaction.
The deal to acquire Canadian company Romarco, whose main asset is the Haile project near Kershaw in South Carolina, was announced overnight.
The terms,
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Tim Hunter
Fri, 31 Jul 2015
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