Aussie Iron Ore Billionaire Forrest Joins The Gold Rush

By Forbes | Sep 10, 2024 at 10:03 PM EST

The surge in gold prices has led to a wave of deals in the industry, with Australian billionaire Andrew Forrest's Greatland Gold acquiring the Telfer mine in Western Australia for $475 million. This move diversifies Forrest's portfolio amidst declining iron ore prices, offering a potential new revenue stream.

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