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Morila sale could make minnow a gold miner

Cowden hails acquisition as 'truly transformative'

Kristie Batten
The Morila pit with mine infrastructure in the background

The Morila pit with mine infrastructure in the background

Consideration is US$22-27 million, depending on the closing balance of tax credits when the deal closes, expected by the end of October. Mali had A$900,000 cash at the end of June and will be required...

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