Phoenix Gold's Castle Hill project near Kalgoorlie.

Zijin bids $47m for Phoenix Gold

The tussle for control of Phoenix Gold intensified today after Zijin Mining Group struck a pre-sales agreement with one of the miner's largest shareholders, boosting its interest to 17.9 per cent ahead of announcing a cash takeover bid that values the business at $47 million.


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Annual production

10th↓St Barbara265
11th↓Evolution Mining214
12th↓Norton Gold Fields198
13th↑Silver Lake Resources136
14th↓Independence Group129
36 gold miners ranked by WA annual production to june 30, 2017 ('000 ounces)

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