Forrestania lands Edna May in $300M WA gold hub coup
Forrestania Resources acquired Ramelius Resources’ Edna May gold hub for $300 million, securing a vital processing asset for its operations. The deal, comprising $200 million in cash and shares, enhances Forrestania's resource inventory to nearly 1.6 million ounces and positions it for a rapid restart by 2027. Chairman David Geraghty emphasized the importance of this acquisition in their growth strategy.
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Published 29 Jun 2026, 05:20 UTC · Updated 29 Jun 2026, 05:30 UTC
Summary by OZbrief Editorial. Original report: SMH. Editorial policy · Corrections
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