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Northern Star snaps up explorer, eyes Superpit

Mid-tier gold miner Northern Star Resources has agreed to pay up to $193 million to acquire explorer Echo Resources and says it will also weigh up a bid for Kalgoorlie's Superpit.

Bill Beament-led Northern Star has also flagged reopening mothballed mines in its portfolio on the back of the soaring Australian dollar gold price.

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Brad Thompson was a reporter at The Australian Financial Review

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    Original URL: https://www.afr.com/companies/mining/northern-star-snaps-up-explorer-and-flags-superpit-interest-20190827-p52l1h