Currently viewing Global edition

Australia's new gold major starts trading

The A$14 billion merger between Northern Star Resources and Saracen Mineral Holdings is officially complete.

Australia's new gold major starts trading Australia's new gold major starts trading Australia's new gold major starts trading Australia's new gold major starts trading Australia's new gold major starts trading

(Leftto-right) Northern Star CEO Stuart Tonkin, chairman Bill Beament and managing director Raleigh Finlayson

The enlarged Northern Star started trading on the ASX this morning as Saracen was removed.

The scheme of arrangement was implemented on Friday, with Saracen shareholders being issued 0.