Amarc's CEO called the AuRORA discovery "a significant inflection point" in the exploration of the JOY district with Freeport.
The news of Glencore and Rio’s discussions “has turned up the temperature on an already simmering M&A environment,” RBC Capital Markets analyst says.
The move is expected to become effective Jan. 23, subject to approvals such as a final court order from the Supreme Court of British Columbia.
Agnico, the second-largest gold miner by stock market value, agreed to acquire O3 last month for about C$204 million.
2 Comments
Matt
Japan used all their ill-gotten gains to “purchase” 2 x Bigboy…..not a great deal in the long run and the Japanese people paid a steep price for the Nationalistic looting.
T L
Herbert Hoover was president in 1932, FRANKLIN Roosevelt was president in 1933, NOT THEODORE. (#6 A Rare Shortchanging)