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Tuesday, October 29, 2013

B2Gold to acquire Revolting Resources



Mining.com - blah blah but more importantly The Clive.

The article says Kiaka can support 340koz/y over 10 years. I assume, since it's The Clive and using Otjikoto as an analog, that there must be a lot of exploration upside there too.

That looks like a pretty good deal for only $63 million!

Now if only some other mid-tier miners started wading into the pool and snapping up sensible assets for pennies on the dollar, we could have a market again.


2 comments:

  1. Damn. I was hoping this was another deal.

    ReplyDelete
  2. The Clive should work for United Nations, he can strike a deal anywhere. Nicaragua, Namibia, the Philippines, Burkina Faso, Ghana.

    ReplyDelete