Baru Gold plunges after investment deals break down
Baru Gold has been looking to bring the Sangihe gold project, situated on the Indonesian island of the same name, into production.
Sumitomo Metal Mining Canada is investing about C$14.5 million to gain a 9.9% interest in FPX Nickel (TSXV: FPX). Sumitomo will participate in a private placement, purchasing approximately 30.1 million FPX shares at a price of C$0.48 per share. "This...
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