Not long before they'll be back12 Jul 2018 23:07
Quick reminder:-
Solgold has received advances from a dozen big miners, including BHP and Vale , for its copper and gold discovery in Ecuador, an executive said on Monday, but has rejected them to develop the project alone.
Solgold bucked a trend of a lack of new discoveries following a fall-off in investment during the commodities crash of 2015-16. The company's flagship project in Ecuador, named Cascabel, appears from exploration to be a major new high-grade copper and gold find to rival some of the largest existing mines. Exploration Manager Jason Ward, speaking on the sidelines of the CRU/CESCO copper conference in Santiago, said the company had been approached many times by potential partners and had repeatedly said no.
Jason Ward has also said "a takeover would be "irresistible" once the right offer came along."