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Aeris Resources is now a gold producer, having completed the acquisition of the Cracow mine in Queensland from Evolution Mining.
The Cracow mine in Queensland, now owned by Aeris Resources
While the deal, announced on June 4, is worth up to A$125 million, Evolution received $60 million in cash up front - equal to Aeris' market capitalisation at yesterday's close.
Australian copper miner poised for bigger future
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