Genesis Minerals completed the acquisition of the remaining 20% stake in Dacian Gold for AUD57m.

Genesis Minerals, a gold exploration and mine development company that conducts gold mining, processing, and drilling operations, completed the acquisition of the remaining 20% stake in Dacian Gold, an Australian gold miner and gold production company, for AUD57m. “The acquisition of the remaining ~20% of Dacian is a logical step to simplify the ownership of an enviable position in the Leonora District - 15Moz of combined Resources, 3.9Moz of combined Reserves and 4.3Mtpa of combined milling capacity,” Raleigh Finlayson, Genesis Managing Director.