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.