| CRA SOLD FORREST GOLD FOR 76 MLN DLRS - WHIM CREEK | |
| <Whim Creek Consolidated NL> said the | |
| consortium it is leading will pay 76.55 mln dlrs for the | |
| acquisition of CRA Ltd's <CRAA.S> <Forrest Gold Pty Ltd> unit, | |
| reported yesterday. | |
| CRA and Whim Creek did not disclose the price yesterday. | |
| Whim Creek will hold 44 pct of the consortium, while | |
| <Austwhim Resources NL> will hold 27 pct and <Croesus Mining | |
| NL> 29 pct, it said in a statement. | |
| As reported, Forrest Gold owns two mines in Western | |
| Australia producing a combined 37,000 ounces of gold a year. It | |
| also owns an undeveloped gold project. | |