ABC News – Australia
·australia
·3 hours ago
Caution urged after Qld's largest gold mine's lifesaving $1.4bn deal
Ravenswood Gold secured a $1.4 billion refinancing deal for Queensland's largest gold mine, avoiding closure. The deal, expected to close in late June, will help stabilize over 400 jobs in the region. CEO Tim Duffy stated the transaction marks a significant step forward for the company amid concerns from economists about long-term sustainability.
Summary by OZbrief · ABC News – Australia
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