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Matsa Kicks Off Devon Pit Mining, Secures $101M AngloGold Option Amid Takeover Fight
4:02am on Monday 2nd of June, 2025 AEST
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Mining
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Matsa Kicks Off Devon Pit Mining, Secures $101M AngloGold Option Amid Takeover Fight
4:02am on Monday 2nd of June, 2025 AEST
Key Points
Devon Pit Gold Mine mining operations commenced with key agreements executed
Feasibility study projects $60 million operating surplus at $4,250/oz gold price
Maiden open pit ore reserve declared at 46,000 ounces
AngloGold Ashanti executed $101 million option agreement for Lake Carey assets
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MATSA RESOURCES (ASX:MAT)
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