Euro Sun Mining has inked a binding memorandum of understanding with Glencore International giving the latter right of first refusal for an offtake of all future concentrate from its Rovina Valley project in Romania. The Toronto-headquartered junior, which is advancing the project to be one of Europe’s largest copper gold properties, also gave Glencore the right to nominate one director…
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Rio Tinto buyout of Turquoise Hill moves forward
Canadian miner Turquoise Hill said 86.6% of its shareholders have voted in favor of Rio Tinto’s $3.3 billion takeover bid, reported Reuters. Read full article.
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