Hegarty buys Golden Grove back

OWEN Hegarty’s specialist mining private equity manager EMR Capital has agreed to buy the Golden Grove copper-zinc-lead-precious metals mine from MMG for $US210 ($A290) million.

Hegarty buys Golden Grove back Hegarty buys Golden Grove back Hegarty buys Golden Grove back Hegarty buys Golden Grove back Hegarty buys Golden Grove back

Underground at Golden Grove.

Golden Grove was one of the jewels in the crown of Oxiana when it was run by Hegarty.

The mine ended up in the hands of Chinese ASX-listed company MMG, along with several other Oxiana operations.

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