Options
Stevens Corporation, Ltd, will issue 1.144 M options at a one-for-two ratio, an extraordinary' general meeting of shareholders decided. The options will be exercisable on March 31, 1988, at 300 c a share. Gold mine - The Pajingd gold deposit in northern Queensland, described as one of the most exciting gold I finds in Australia, is to be developed as a low-cost open cut mine. The North American-based Battle Mountain Gold Company is to begin work on a detailed economic feasibility study for the development of a mine on the prospect which already has in situ reserves of about 500,0000 z of. gold.
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Bibliographic details
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Press, 1 February 1986, Page 24
Word count
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103Options Press, 1 February 1986, Page 24
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