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Kidman sells Burbanks

Kidman Resources (AU: KDR) has agreed to sell its Burbanks gold mine in Western Australia to Resources & Energy Group (ASX: REZ) for A$4.5 million (US$3.3 million), which will be put to work at the company's

Kidman sells Burbanks Kidman sells Burbanks Kidman sells Burbanks Kidman sells Burbanks Kidman sells Burbanks

The Burbanks gold mine, currently mothballed, is set to change hands

Burbanks was mothballed in August as Kidman held discussions with "multiple parties" interested in picking up the asset. The mine had been operating for about a year.

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