RE:CANDENTE COPPER GOLD RESOURCE VALUED AT $0.60 CENTS SHARENice work! The implied value of $600,000,000 for Canariaco Norte is spot on. I hear the office is also very busy with calls lately...it's a positive sign IMO.
Here is a new M&A in Chile......the buyer is from Australia. Good to know that FMG has a 19.9% stake in DNT and they are also from Australia. They paid a very nice premium.
South32 buys stake in KGHM’s Chilean mine for $1.55bn
Australia’s South32 (ASX, LON, JSE: S32) has
acquired almost half of the vast Sierra Gorda copper mine in northern Chile, majority-owned by Polish miner KGHM (WSE: KGH) for
$1.55 billion cash plus a contingent price-linked consideration of up to $500 million over the 2022 through 2025 fiscal years.
https://www.mining.com/south32-buys-stake-in-kghm-chilean-mine-for-1-55bn/