Lakewood sale falls through - Silver Lake

Gold miner Silver Lake Resources has terminated the sales agreement for its Lakewood mill assets, in Western Australia, after the buyer proved unable to satisfy the finance condition. In October this year, Silver Lake announced that it had reached a sales agreement worth A$5.5-million over the Lakewood mill assets, which included a processing facility capable of treating some 700 000 t/y of hard rock and 900 000 t/y of soft rock.