Pantoro Partners with Mega Resources on Rama Pit Project in Western Australia
Pantoro Gold has partnered with Mega Resources and Bain Global Resources on the Rama Open Pit project in Western Australia. The agreement involves Pantoro investing up to A$20 million in stage two mining, with a profit-sharing model based on gold revenue. The partnership could extend the project's life and includes an option for an underground operation.
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Topics: gold mining mining partnership profit-sharing resource development