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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

12th↑Silver Lake Resources164
13th↑IGO155
14th↓Norton Gold Fields148
15th↑Dacian Gold139
16th↓Evolution Mining121
30 gold miners ranked by WA annual production to june 30, 2019 ('000 ounces)

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