MANAGEMENT

Maximus sells Burbanks

MAXIMUS Resources has offloaded its Burbanks gold treatment plant in Western Australia’s Eastern Goldfields to Adaman Resources for $5.1 million, under an asset purchase agreement that will become final on August 31.

 Burbanks treatment mill

Burbanks treatment mill

The initial deal for $5.8 million thrashed out in April included all the gold-in-circuit in Burbanks' process tanks but delays to the transaction caused Maximus to take the gold itself and sell it for...

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