The owners of Queensland’s Ravenswood gold mine will seek more than a billion dollars for their newly expanded mine when it is put up for sale this month capitalising on near-record prices for gold in Australian dollars.
Melbourne private equity firm EMR Capital and Indonesia-backed Golden Energy and Resources have appointed UBS and Azure Capital to sell 100 per cent of Ravenswood.
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Peter Ker covers resource companies for The Australian Financial Review, based in Melbourne. Connect with Peter on Twitter. Email Peter at pker@afr.com
