DRD gains 20% of Porgera

South African-based Durban Roodepoort Deep (DROOY-Q) has agreed to acquire Australian-listed Oil Search's 20% interest in the 760,000-oz.-per-year Porgera gold mine in Papua New Guinea, for US$73.8 million.The purchase price includes US$52.7 million in cash and US$21.1 million worth of...

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