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Kingsgate sells Challenger mine

By:  
Creamer Media Senior Deputy Editor: Australasia
 
GOLD
Gold miner Kingsgate Consolidated has executed an option agreement to divest of its Challenger gold mine, in South Australia, to a 50:50 joint venture (JV) between ASX-listed WPG Resources and Diversified Minerals. The sale would take place at the completion of the current life-of-mine plan and the exhaustion of reserves in February 2016.
 
 
 
 
 

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