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Golden Energy teams up with private fund to buy Australia gold mine for up to A$300m

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Ng Ren Jye

Published Wed, Jan 15, 2020 · 09:50 PM

Singapore

GOLDEN Energy and Resources and mining private equity fund EMR Capital will buy a gold mine in Australia for up to A$300 million (S$278.8 million).

The mainboard-listed thermal coal miner on Wednesday said its wholly-owned subsidiary had formed a joint venture (JV) with Raven Gold Nominee, which is the trustee of investors managed or advised by EMR.

Australia

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