EMR consortium to buy Indonesia gold mine for $775m
Australian resources-focused investor EMR Capital is leading a consortium that has agreed to buy an Indonesia-based gold mine from Hong Kong-listed G-Resources for $775 million, including debt.
G-Resources said in a regulatory filing that funds managed by EMR would take a 61.4% stake in the Martabe Mine and certain subsidiaries. Farallon Capital Management will acquire 20.6%, with two Indonesian...
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