Gold Digger: Gold M&A is heating up. Which junior is the ...
· The ASX gold M&A action begins. This week, the WA gold mine developer snubbed a 16c per share takeover offer from miner and major shareholder St Barbara (ASX:SBM), and will instead raise $13m to advance the flagship 1.28moz 'Cardinia' gold project on its own. It was move predicted by the guru himself, Barry Fitzgerald, late last month.