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Ravenswood Gold sale called off after bids fall short

Peter Ker
Peter KerResources reporter
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One of the year’s most anticipated gold mine sales has been called off after bidders for Queensland’s Ravenswood mine failed to meet the price expectations of its owners despite soaring bullion prices.

Private equity firm EMR Capital and Indonesia’s Golden Energy wanted more than $1 billion in exchange for Ravenswood, which is the biggest gold mine in Queensland.

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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
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    Original URL: https://www.afr.com/companies/mining/ravenswood-gold-sale-called-off-after-bids-fall-short-20250530-p5m3ji