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Gold Project Sale

Westgold Sells Mt Henry-Selene Gold Project for A$64.6m

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Mining Technology

According to Mining Technology, Westgold Resources has signed a binding asset sale agreement to sell the Mt Henry-Selene gold project in Western Australia to Alicanto Minerals for A$64.6m. This significant transaction highlights the ongoing consolidation in the gold mining sector. The sale of this project may indicate a strategic shift in Westgold's portfolio, while Alicanto Minerals expands its presence in the region. As reported by Mining Technology, this deal underscores the continued interest in gold assets and the potential for growth in Western Australia's mining industry.