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The Company announced on February 14, 2008 that it has entered into an agreement with Rusaf whereby it will purchase the remaining 63% of the fully diluted equity shares of Rusaf for a total consideration of $14.4 million, payable in approximately 4.9 million Great Basin Gold common shares.

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1.Great Basin Gold Production Poised For Profit Nysemkt Feb 28 2010&0183;&32;the second mine burnstone is a new development mining a shallow uplifted segment of the gold-laden conglomerates of the kimberly reef structure in balfour south africa great basin Great basin gold filed for business rescue at southgold in september 2012 the company invested $500 million (r54 billion) to develop the ...

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whichpany has bought gbg gold mine in balfour mpumalanga

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