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At that time, the mine was owned by the St Ives Gold Mining Company, a subsidiary of Gold Fields, which had also purchased the nearby St Ives Gold Mine from WMC Resources in 2001. [ 3 ] In 2002, Avoca Resources Limited listed on the Australian Securities Exchange and paid A$ 6.25 million to Gold Fields for its Higginsville exploration project ...
Reliance Mining acquired the nickel rights in 2003 and was acquired by Consolidated Minerals in 2005. [5] The mine was placed into care and maintenance in 2008. It was acquired by Salt Lake Mining in 2013 after that company also secured gold mining rights. It resumed producing nickel in 2014 and started producing gold in November 2015. [2]
In June 2008, Macmahon made a hostile takeover bid for rival company Ausdrill Ltd. [1] In January 2013, MacMahon secured its largest ever contract from Fortescue Metals Group after it was awarded a $1.8 billion contract for the Christmas Creek mining operation's expansion. The five-year contract would deliver all aspects of mine operations ...
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If we want to find a stock that could multiply over the long term, what are the underlying trends we should look for...