CRA SOLD FORREST GOLD FOR 76 MLN DLRS - WHIM CREEK
<Whim Creek Consolidated NL> said the
consortium it is leading will pay 76.55 mln dlrs for the
acquisition of CRA Ltd's <CRAA.S> <Forrest Gold Pty Ltd> unit,
reported yesterday.
    CRA and Whim Creek did not disclose the price yesterday.
    Whim Creek will hold 44 pct of the consortium, while
<Austwhim Resources NL> will hold 27 pct and <Croesus Mining
NL> 29 pct, it said in a statement.
    As reported, Forrest Gold owns two mines in Western
Australia producing a combined 37,000 ounces of gold a year. It
also owns an undeveloped gold project.
 REUTER
