Mining’s old guard needs strong medicine
A new report details subpar investor returns in the mining industry over the last decade, particularly big cap diversified companies which have not adapted to new realities.
Gold royalty firm Maverix Metals Inc said on Thursday its shareholders have approved peer Triple Flag Precious Metals Corp’s acquisition of the company.
Under the deal announced last November, Maverix stockholders will receive either $3.92 in cash or 0.360 of a Triple Flag share for each share held.
(By Baranjot Kaur; Editing by Uttaresh.V)
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