Commodity
Nickel

Battle for Noront heats up with BHP sweetened offer

The world’s largest miner is now offering C$0.75 per share of Noront, representing a 36% premium to its previous offer, a 7% premium to the Wyloo offer and a 213% premium to Noront’s unaffected price.

Noront Resources picks Wyloo bid over BHP

A months-long battle over nickel-copper miner Noront Resources (TSX-V: NOT) may have come to an end as the Canadian company said on Monday it had picked a sweetened bid from Australian mining billionaire Andrew Forrest’s Wyloo Metals (ASX:WYL), over the latest offer from BHP.  […]