Columbus Gold is a junior miner headquartered in Vancouver, with an exploration office in Nevada, and two primary assets – one in the US (Nevada) and one in South America (French Guiana).
The deal, the biggest Canadian merger since CNOOC Ltd. bought Nexen Energy ULC in 2013, would create the world’s largest crop-nutrient supplier, worth about $36 billion.
The company just took the next major step towards its ultimate goal of amassing over a million ounces of high-grade gold in an historic gold district in southern British Columbia.