Osisko Announces $50M Deal to Acquire Royalties on Dalgaranga Gold Project
Monday, 30 September 2024, 12:21
Osisko's Strategic Acquisition
Osisko Gold Royalties is set to acquire royalties on the Dalgaranga gold project located in Western Australia. This ambitious purchase, amounting to $50 million, underscores Osisko’s intent to broaden its financial foothold in the mining sector.
Details of the Transaction
- Total Value: $50 million
- Project Location: Western Australia
- Project Status: High-grade gold mine in development
Market Implications
This deal is poised to enhance Osisko's standing in the gold royalty landscape, reflecting growing interest in high-grade mining projects that promise substantial returns in a competitive market.
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