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Westgold to cut costs with ACM deal

Western Australia gold miner buys mining contractor, switches to owner-mining

Michael Quinn
Mid-size Australian gold miner Westgold has swallowed up contractor ACM in a A$30 million transaction

Mid-size Australian gold miner Westgold has swallowed up contractor ACM in a A$30 million transaction

Westgold will pay A$2.5 million cash and issue 14 million shares to the owners of ACM, with the mining contractor’s “founder and driving force” Brian Rodan to join the executive management of the ASX-listed...

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