Focus looks north to Crescent
Luke Forrestal
Updated
West Australian gold juniors Focus Minerals and Crescent Gold have agreed to a $336 million merger in the latest example of consolidation within the domestic gold sector.
But unlike last week’s proposed tie-up between Catalpa Resources and Conquest Mining, the initial reaction from analysts has been subdued, with the high cost of production at Crescent’s Laverton operations among the main concerns.
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