MANAGEMENT

Dacian and Genesis work it out

WESTERN Australia-based miners Dacian Gold and Genesis Minerals have found ways to cut costs while takeover talks continue, including working together at Dacian’s sub-leased office in Perth with Genesis to pay a share of Dacian’s office costs.

 Looking south-east towards Jupiter open pits.

Looking south-east towards Jupiter open pits.

First announced in early-July, the scrip takeover worth about $111 million has been extended twice and was recently stretched out to November 21. Headed by Raleigh Finlayson, Genesis holds a 76.1% interest...

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