Aussie gold miner to pay $260M for Pogo
Northern Star Resources acquires high-grade Alaska gold mine North of 60 Mining News – September 1, 2018
Last updated 9/25/2020 at 6:23am
Australian gold miner Northern Star Resources Ltd. is adding the Pogo Mine in Alaska to its growing portfolio of low-cost, high-grade underground gold mines.
In a deal announced on Aug. 30, the Perth-based miner has agreed to pay US$260 million to buy out Sumitomo Metal Mining Pogo, a joint venture between Japanese firms Sumitomo Metal Mining Company (85 percent) and Sumitomo Corp. (15 percent)...