MANAGEMENT

Super Pit back in Australian hands

THE iconic Super Pit in Kalgoorlie is back wholly in Australian hands for the first time since 2001 with Northern Star Resources buying Newmont Goldcorp’s 50% stake for US$775 million (A$1.1 billion).

Kalgoorlie's Super Pit is back in Australian hands.

Kalgoorlie's Super Pit is back in Australian hands.

Northern Star also has the option, subject to further due diligence, to buy Newmont Goldcorp's power business in Western Australia for $25 million. The Northern Star deal follows Saracen Minerals buying...

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