Golden Energy and Resources (GEAR) has, through its subsidiary Stanmore Resources, acquired BHP Minerals’ 80% interest in BHP Mitsui.

This is done through the acquisition of all the shares in Dampier Coal (QLD) by Stanmore SMC Holdings, a newly-incorporated wholly-owned entity under GEAR.

A share purchase agreement (SPA) was signed by Stanmore Resources and BHP Minerals on Nov 6.

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