Agnico Eagle extends takeover offer for O3 Mining, 94.1% of shares already tendered
Agnico Eagle first announced its friendly offer to buy O3 Mining in December.
Ecuador expects companies including Canada’s Kinross Gold to invest $7 billion in gold and copper projects in the next seven years, as the OPEC member tries to diversify its economy by encouraging mining.
Natural Resources Minister Wilson Pastor said on Tuesday five projects will be signed in the next few months.
