Imperial Metals soars on Mount Polley drill results
The initial drilling returned a notable interval of 152.5 metres grading 0.46% copper and 0.97 g/t gold starting from a depth of 282.5 metres.
Canada’s Nevsun Resources (TSX, NYSEMKT:NSU) has found a new suitor in China’s state-backed Zijin Mining, which has offered Cdn$1.86 billion ($1.41 billion) for the gold and copper miner. Zijin’s friendly takeover bid values each Nevsun share at Cdn$6, which will be...
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