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Tuesday, February 26, 2013 12:41:29 PM
NOBLE's dealings with Resolute Mining will be complete on Mar 1, 2013.
Could there be an upcoming deal with KAT Gold? Maybe/Maybe not
"We've been looking at and beefing up our review process of assets for the last 12 months. Any project you could conceivably think would be of interest to us, we've collected data on," he said.
Resolute late last year struck a deal to spend $21m on a 19.9 per cent stake in Noble Mineral Resources, which had been struggling through the commissioning of its Bibyani gold mine in Ghana. Resolute also issued a $85m convertible note that could see it substantially increase its stake in Noble in the future.
Mr Sullivan said that while Noble was still running Bibyani, Resolute was studying the project and assessing the best course of action for the mine.
http://www.theaustralian.com.au/business/mining-energy/resolute-mining-searching-for-acquisitions/story-e6frg9df-1226570335590
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