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07/10 - Unity Mining attracts interest in local assets

The owner of the Bendigo goldfield has told shareholders there are several parties interested in buying its local assets.

Unity Mining stopped gold production at Kangaroo Flat in 2011 and ever since has been looking at options to either reuse or sell its assets.

In its annual report published last week, the company says it is continuing to try to find buyers for its local mining tenements, plant and equipment.

It has told shareholders it recently received expressions of interest from several parties.

Unity has also talked about using its Kangaroo Flat site to process material it hopes to mine in New South Wales.

Development of the Dargues project was put on hold last November but the company says it will be making announcements in the coming months, including about its preferred processing route.

 

http://www.abc.net.au/news/2014-10-06/groups-show-interest-in-buying-uni...

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