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13 Dec
14:00

NICKEL, COPPER, PLATINUM: Wyloo Metals increases offer for Noront Resources

Australian billionaire Andrew Forrest’s Wyloo Metals has boosted its offer for Canada-based Noront Resources, after talks between Wyloo and BHP failed to reach an agreement, Kallanish reports. Wyloo has raised its offer for Noront and its planned Eagle’s Nest nickel-copper-platinum-palladium in northern Ontario’s Ring of Fire region from CAD 70 cents/share ($0.54/share) to CAD 1.10/share. That offer, contained in a Monday letter from Wyloo, is 57…
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