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.
Eco Refractory Solutions has tested its hydrometallurgical process for refractory gold ores for a second client, Canadian Mining Journal reports. The company says it was successful in recovering 98.1% of the contained gold in 24 hours using little cyanide. Follow-up carbon-in-leach tests confirmed the high recovery rate.