Herbert Smith Freehills is pleased to have advised IGO Limited (IGO) on its proposed A$903 million divestment of its 30% interest in the Tropicana Gold Mine – a top 5 producing Australian open-pit and underground gold mine located in Western Australia.
IGO’s interest is proposed to be sold to Regis Resources Limited, an ASX-listed mining company (Regis).
Headquartered in Perth, IGO is a leading ASX-listed mining company and long-standing client of Herbert Smith Freehills. The divestment is significant for IGO as it forms part of its broader strategy of becoming a globally relevant battery minerals producer and developer.
/Public Release.
