O3 Mining investor knocks Agnico offer
Agnico, the second-largest gold miner by stock market value, agreed to acquire O3 last month for about C$204 million.
Mining Weekly reports: The gold price, which set a record above $1 430/oz in December before settling back to the current $1 380-odd, is probably in the “early stages of a bubble”, but the momentum continues to be to the upside, GFMS chairman Philip Klapwijk said on Thursday.
