Bendigo Buys Henty Mine from Barrick

摘要

Bendigo Mining announced on July 10, 2009, that it had acquired the Henty gold mine in western Tasmania from Barrick Gold for 8 million Australia dollars plus potential royalties of up to 22 million dollars from future production arising from exploration discoveries. The non-royalty consideration includes 5 million Australia dollars in cash and 3 million Australia dollars in Bendigo ordinary shares, giving Barrick an approximate 2.2% interest in Bendigo. The acquisition includes the operating underground Henty mine, a 300,000-mt/y process plant, infrastructure, 29 square miles of mineral tenements, and 92 skilled employees.