24/03/2021 - 13:44

Novo pockets more cash from Blue Spec sale

24/03/2021 - 13:44

Bookmark

Save articles for future reference.

Novo Resources is set to pocket another $5 million in cash as the sale of its Blue Spec mine draws to a close. The company has offloaded the high-grade mine in the Pilbara to aspiring gold miner Calidus Resources, who has recently commenced construction of its Warrawoona mine and will use the ores from the mothballed operation to boost its own developing production profile.

Subscribe today for award-winning, unbiased and trusted journalism

Subscription Options