Bendigo Mining growing with purchase of Henty gold mine from Barrick

摘要

Australian based miner Bendigo Mining Ltd. announced that it has struck a deal with Barrick Gold Corp. to take over the Henty gold mine on Tasmania's West Coast. Henty was discovered and developed by Renison Goldfields and then went into its spinoff Goldfields T td. that merged in 2001 with Delta Gold as a defense mechanism against predators to produce Aurion Gold. However, the mid-tier, medium-to-high grade operation was incorporated in a takeover by Placer Dome two years later, which, in 2006, was digested by Barrick. Bendigo is paying 5 million Australia dollars cash and 3 million Australia dollars worth of Bendigo shares, plus a royalty that will be capped at 22 million Australia dollars.