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Matsa’s $55m AngloGold deal faces a tougher test than its gold discoveries
6:43pm on Friday 16th of October, 2026 AEDT
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Mining
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Matsa’s $55m AngloGold deal faces a tougher test than its gold discoveries
6:43pm on Friday 16th of October, 2026 AEDT
Key Points
$39.4 million FY2026 net loss and $28.0 million operating cash outflow
Devon mining suspended after Blue Cap Mining dispute; subsidiaries placed into administration
AngloGold deal reduced to fixed $55 million consideration, with $45 million still due
$30 million of AngloGold proceeds earmarked for Deutsche Balaton debt
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