01
Sep
16:06
NICKEL, COPPER, PLATINUM: Noront Resources responds to Wyloo plan
Ontario-based Noront Resources has responded to Wyloo Metals’ offer of CAD 0.70/share ($0.55/share) by encouraging the company to engage in discussions if it is serious about acquiring Noront, while reminding shareholders that BHP is the only official offer for Noront that has been submitted. The Noront board of directors is still supporting the BHP offer of CAD 0.55/share, Kallanish reports.
Australia-based Wyloo submitted what Noront calls “a non-bin…
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Very good overview of the weekly steel market.
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