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Company News
Feb 27, 2025 • 9:34 PM
Mining & ResourcesMatsa Resources strikes $101m deal with AngloGold Ashanti, retains key Lake Carey assets
Matsa Resources (ASX: MAT) has signed a deal giving global mining company AngloGold Ashanti Australia the option to acquire the majority of its Lake Carey gold project in Western Australia. An assumed gold price of $4,500 puts the value of the deal at $101 million. The Devon Pit gold mine, the Fortitude North project and […]
Feb 10, 2025 • 10:18 PM
Mining & ResourcesPatronus Resources moves to acquire Matsa with $33m takeover offer
The price of shares in Matsa Resources (ASX: MAT) jumped by more than 14% in early Monday trading on the ASX after news of a takeover offer from fellow gold developer Patronus Resources (ASX: PTN). Patronus and its associates – who already hold the largest shareholding interest in Matsa with 19.57% – have offered a […]