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.
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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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