Canadian gold miner Agnico Eagle Mining is understood to be one of the parties kicking tyres at bankrupt WA gold producer Wiluna Mining.
Street Talk understands Agnico had taken a look at Wiluna ahead ofWere Agnico to firm up its early interest into a bid, it would be taking on Wiluna’s decent-sized resource but also a big development bill.
Were it to go ahead and make a bid, Agnico would be returning to Australian resources dealmaking after a short break. In February, it ruled off a “merger of equals” with Kirkland Lake Gold, which was listed in Toronto, New York and on the ASX, and needed approval from the Foreign Investment Review Board .
Philippines Latest News, Philippines Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Resolute Mining mulls fast road to recovery; Canaccord books investorsAfrican gold miner Resolute Mining is thinking about taking the quick route to balance sheet repair, in a bid to re-set the company’s finances and get the debt monkey off its back.
Read more »
Netball facing ‘very dark days’ as athletes reject mining sponsorSky News host Paul Murray says netball in Australia is in a “world of trouble” on the professional level with some Diamonds players reportedly refusing to step on the court wearing uniforms sponsored by mining magnate Gina Rinehart. Netball Australia and its Players’ Association were in urgent talks ahead of the team’s second Test of the Constellation Cup, with players raising issues about wearing a uniform featuring new sponsor, Hancock Prospecting. “While nobody believes that every single athlete believes in every single thing that every single sponsor that turns up on their jersey has ever said or done – you are thankful for the cash,” Mr Murray said “Because, put simply, without it netball is broke and one of the great sports of this country goes into very dark days.” Hancock Prospecting has committed to funnelling $15 million dollars over four years into a high-performance program for players, coaches and the Diamonds.
Read more »
Mining billionaire Andrew 'Twiggy' Forrest clear for Facebook clickbait caseMining billionaire Andrew "Twiggy" Forrest&x27;s court case against Facebook parent Meta will proceed after overcoming an argument about legal jurisdiction.
Read more »
ASX falls on Wall Street losses, Star casino in trading halt, Adbri plunges as boss departsAustralian shares have started the day lower after major Wall Street indices fell on Friday, while weaker commodity prices are likely to push mining and energy stocks lower.
Read more »
Rio Tinto warns of China risks and slowing global demandThe mining giant is looking to unlock moe iron ore production at its flagship Pilbara mines despite signs that the global economy is cooling down.
Read more »
Marina Go steps down as Netball Australia chair during sponsorship stoushMarina Go says her departure from the role was always planned, but comes after revelations that Diamonds players were blindsided by a sponsorship deal with mining giant Hancock Prospecting.
Read more »