Look back at Haile mine acquisition from 2015 Reuters) - Australian-Canadian miner OceanaGold Corp has agreed to buy Romarco Minerals Inc for around C$856 million ($657.20 million), getting its hands on a low-cost gold mine that is being built in a low-risk jurisdiction.
Romarco is building an open-pit gold mine at its Haile Gold project in South Carolina, which is expected to produce around 540,000 ounces of gold a year by 2017 at an all-in sustaining cost of less than $600 an ounce.