Beacon Minerals has reached an agreement to sell its high grade refractory ore to Northern Star Resources.
Under the agreement, a total of 12,199 tonnes of gold ore will be sold to Northern Star at $611.87 per tonne, nett of all costs.
Managing Director Graham McGarry said the agreement highlighted the success at Halleys East and the continued efforts of the Directors to deliver a positive result to the Company’s shareholders.
“Beacon would like to acknowledge the collaborative approach taken by both parties to achieve this mutually beneficial transaction,” he said.
Adertisement
“Rehabilitation at Halleys East is completed and will be managed annually in accordance with the Mine Closure Plan.”
