Metals One one step closer to becoming major gold producer
Metals One's Dan Maling and Lions Bay Resources' Lloyd Birrell join Vox to provide an update on the complex but transformational transaction they are undertaking in South Africa. The deal will see Lions Bay Resources, in which Metals One has a major stake, taking control of plant and more than two million ounces of historic gold resource. The assets are being bought out of business rescue, and there is a little bit more work to do yet, but a major milestone was passed this week when creditors at one of the assets, Barbrook, approved the deal.
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