https://www.miningweekly.com

Northern Star’s De Grey acquisition becomes effective

23rd April 2025

By: Creamer Media Reporter

     

Font size: - +

Australian gold miner Northern Star Resources’ proposed acquisition of gold developer De Grey Mining has cleared its final legal hurdle, with the Federal Court of Australia approving the scheme of arrangement earlier this week.

De Grey announced Wednesday that it had lodged the court orders with the Australian Securities and Investments Commission, making the scheme legally effective. Trading in De Grey shares will be suspended at the close of trading today on the ASX.

The acquisition, first unveiled in February, will see Northern Star take full ownership of De Grey, consolidating its position in Western Australia’s resource-rich Pilbara region. The deal includes De Grey’s flagship Hemi gold project, considered one of the most significant undeveloped gold discoveries in Australia in recent years.

To watch Creamer Media's latest video reports, click here
 

Edited by Creamer Media Reporter

Article Enquiry

Email Article

Save Article

Feedback

To advertise email advertising@creamermedia.co.za or click here

Showroom

SafeQuip
SafeQuip

SafeQuip is a leading distributor and manufacturer of fire safety solutions, offering a comprehensive range of products designed to meet all...

VISIT SHOWROOM 
Monitor Distributors
Monitor Distributors

We at Hawk High Pressure Pumps specialise in industrial pumps and pumping systems. Our high pressure washing equipment is locally manufactured and...

VISIT SHOWROOM 

Latest Multimedia

sponsored by

ARM CEO Phillip Tobias.
ARM headline earnings up 19%, dividend declared
4th September 2026 By: Martin Creamer
Photo of Martin Creamer
On-The-Air (04/09/2026)
4th September 2026 By: Martin Creamer
Magazine round up | 04 September 2026
Magazine round up | 04 September 2026
4th September 2026

Option 1 (equivalent of R125 a month):

Receive a weekly copy of Creamer Media's Engineering News & Mining Weekly magazine
(print copy for those in South Africa and e-magazine for those outside of South Africa)
Receive daily email newsletters
Access to full search results
Access archive of magazine back copies
Access to Projects in Progress
Access to ONE Research Report of your choice in PDF format

Option 2 (equivalent of R375 a month):

All benefits from Option 1
PLUS
Access to Creamer Media's Research Channel Africa for ALL Research Reports, in PDF format, on various industrial and mining sectors including Electricity; Water; Energy Transition; Hydrogen; Roads, Rail and Ports; Coal; Gold; Platinum; Battery Metals; etc.

Already a subscriber?

Forgotten your password?

MAGAZINE & ONLINE

SUBSCRIBE

RESEARCH CHANNEL AFRICA

SUBSCRIBE

CORPORATE PACKAGES

CLICK FOR A QUOTATION







sq:0.051 0.074s - 128pq - 2rq
Subscribe Now