
Mount Gibson Iron moves into gold
Mount Gibson Iron moves into gold Mount Gibson Iron (ASX: MGX) has entered a binding agreement to acquire Northern Star Resources’ (ASX: NST) 50% interest in the Central Tanami gold project in the Northern Territory. The Central Tanami project is an equal joint venture with Tanami Gold (TAM) established in 2015, for a cash consideration of $50m. Mount Gibson chief executive Peter Kerr says the acquisition represents a compelling opportunity to enter the gold sector at an attractive price. “Involvement in the Central Tanami gold project provides Mount Gibson with...










