Northern Star Resources Acquires De Grey Mining for A$5 Billion, Creating Entity Worth Over £150 Million

Dec 1, 2024, 09:40 PM

Northern Star Resources, an Australian mining company, has announced its agreement to acquire De Grey Mining in a deal valued at approximately A$5 billion ($3.26 billion). This acquisition is expected to create a larger entity in the mining sector, with a combined market value exceeding £150 million. The move highlights Northern Star's strategic expansion efforts within the industry as it aims to enhance its portfolio and operational capabilities.