Kalgoorlie icon up for Sale

Get your own slice of Kal

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If you've always dreamed of owning a piece of Kalgoorlie history, this could be your chance (although it comes with a maaajor price tag!)

Canadian gold mining company Barrick Gold have announced that their share of the Kalgoorlie Super Pit is officially up for sale. There have been rumours for weeks on whether the 50% stake in the gold mine would be put on the market, with the company announcing Monday that they were now looking for potential buyers.

Gold production at the mine was up last quarter by 4%, and previous offers for half of the Super Pit have been around $1.3 billion! It'll take more than just your savings for this one, sad news for anyone who wanted to buy in. If it's your dream to own a part of Kalgoorlie, you might have to look elsewhere!

14 August 2019

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