Sardinia to float

PERTH-based Gold Mines of Sardinia Limited, Italy’s only gold miner at Fuertei in the south of Sardinia, is expanding its corporate front by seeking listings on two international markets.

The company’s December quarterly report says it intends listing in Milan this year and on the London Stock Exchange soon afterwards.

Gold Mines of Sardinia has also commissioned tests in South Africa on a project to recover gold using a bio-heap-leach process on sulphides ore identified at Fuertei.