Advent Gold defers listing plan after Waihi decision

Gavin Evans
Tue, 28 May 2019

By Gavin Evans May 29 (BusinessDesk) - Advent Gold has deferred plans for an initial share offer on the ASX following the government’s rejection of a land sale for a new tailings operation at OceanaGold’s Waihi mine. The firm, which has an exploration permit near Reefton and has applied for another at Carrick in Central Otago, had been aiming to complete a listing by August. But chief executive Adam McKay told delegates at the New Zealand Minerals Forum yesterday the listing had been deferred by at least a year while the political unce...
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New Zealand businesses are on the road to recovery from the economic impact of the Covid-19 crisis but they, like corporates around the world, are having to change their operational practices.