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Stone Group moves on A1 Minerals

Stone Resources, a company listed on the Toronto Stock Exchange and controlled by Stone Group Holdings, has moved to acquire majority control of A1 Minerals.

Brad Hatch
Updated

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Stone Resources, a company listed on the Toronto Stock Exchange and controlled by diversified investment group Stone Group Holdings, has moved to acquire majority control of junior goldminer A1 Minerals .

The move follows Stone Mining, an associated company of Stone Resources that is also controlled by Stone Group, building a blocking stake of more than 10 per cent in Crescent Gold, the takeover target of fellow West Australian gold junior Focus Minerals.

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    Original URL: https://www.afr.com/companies/financial-services/stone-group-moves-on-a1-minerals-20110815-i4cab