Westgold Resources and Karora Resources have agreed to merge via a plan of arrangement. The combined company will have a portfolio of Western Australian assets capable of producing 400,000-plus ounces annually. The announcement follows recent news that Australian gold miner Ramelius Resources had ended discussions to purchase Canadian-based, Western Australia-focused Karora. Under the merger terms, Karora shareholders will receive 2.524…
Read MoreWestgold, Karora to create Australian powerhouse
