Westgold buys mining contractor ACM

Gold miner Westgold Resources will acquire privately held underground mining contractor Australian Contract Mining (ACM), which is currently operational at three of the company’s underground gold mines. ASX-listed Westgold on Thursday reported that following the successful commissioning of its fourth gold operation at the Fortnum project, in Western Australia, the company had turned its focus to lowering mining costs and increasing flexibility and efficiency at its projects.