JV's final payments complete Coolgardie gold acquisition
Kalgoorlie-based gold company Focus Minerals Ltd announced final cash payments had been made by the Redemption joint venture to complete the acquisition of the Coolgardie Gold project.
The joint venture includes Focus Minerals and Canadian-based Committee Bay Resources Ltd with final payments of $258,750 made by each party to vendor Leviathan Resources Ltd.
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Focus Minerals (FML)
Total Shareholder Return as at 30/06/2012
| 1 year TSR | 5 year TSR | ||
|---|---|---|---|
| 258th | Western Areas | -28% | -2% |
| 397th | Focus Minerals | -47% | -20% |
| 456th | Straits Resources | -54% | 0% |
| 655th | Mirabela Nickel | -84% | -45% |
680 WA listed companies ranked by 1 year TSR relative to WA companies with similar revenue
Shareholding
| Donald Taig | 11,963,300 | ||
| Phillip Lockyer | 594,523 |
Number of shares
Share Transactions
Total value as at the date of the transaction
Revenue
| 13th |  | Western Areas | $349.2m |
| 14th |  | Mirabela Nickel | $344.0m |
| 15th | | Focus Minerals | $259.6m |
| 16th | | Straits Resources | $259.0m |
| 17th |  | Norton Gold Fields | $250.9m |
572 WA listed resource companies ranked by revenue
Remuneration from Focus Minerals
| 942nd | Donald Taig | $193k |
| 1456th | Bruce McComish | $82k |
| 1197th | Phillip Lockyer | $55k |
Ranked by total remuneration from all listed WA companies
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