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Westgold retains Peak Hill upside after $54.4m sale
Summary by Australian Mining
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Westgold retains Peak Hill upside after $54.4m sale
Westgold has converted the Peak Hill Gold Project into cash, equity and future royalty exposure through its sale to Great Boulder. Image: RomanR/shutterstock.comMost mine sales have a clear seller and a clear buyer. Westgold’s Peak Hill deal blurs that line. The gold producer has completed the sale of its Peak Hill Gold Project to Great Boulder Resources, but the transaction leaves Westgold with cash in the bank, a major shareholding and a royal…
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