West Coast gold mine raises equity ahead of IPO
Development West Coast takes a minority stake in the Snowy River project alongside founding investor AustralianSuper.
Development West Coast chief executive Heath Milne examines core samples from mine drilling at Snowy River.
The Snowy River gold mine project on the West Coast has raised A$23 million ($25m) of new equity this week as it pushes towards an initial public offer this year.
The investment in the mine’s Australian owner Federation Mining comprised A$20m from AustralianSuper and A$3m from Development West
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