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Plutonic offloaded

NORTHERN Star Resources has offloaded its Plutonic gold mine to Australian company Billabong Gold for a cash and scrip consideration of $46.2 million and contingent consideration of up to $20 million.

Noel Dyson
Northern Star Resources has offloaded the Plutonic gold operation to Billabong Gold.

Northern Star Resources has offloaded the Plutonic gold operation to Billabong Gold.

Upon completion of the sale – targeted for September 30 2016 and subject to ministerial and third party consents – Northern Star is expected to declare the record and payment dates for a special fully-franked...

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