Minto HappeningsIt appears whatever term sheet was being negotiated can't be completed in the near future, and PwC (the "Receiver") is moving forward with plans to liquidate Minto in the interim.
https://www.pwc.com/ca/en/car/minto-metals-corp/minto-metals-040_290324.pdf
Page 7 starts summary of the 3 non-binding bids, including the bid that went through to term sheet. Bidder 3 is the one that entered final negotiations, summary starts on page 13. Interesting to see behind the scenes here.
PwC advancing liquidation doesn't mean someone will step in, just they're done trying to manage the process. Two auctioneers are preparing proposals, and in the interim, several mining companies in & around the Yukon have discussed entering the auction as bidders.