Mining News

Ring of Fire operator Noront warms to Wyloo takeover bid, but BHP looms – by Niall McGee (Globe and Mail – October 19, 2021)

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https://www.theglobeandmail.com/ Noront Resources Ltd. has agreed to a $391-million takeover from Australian private equity firm Wyloo Metals Pty Ltd., trumping an earlier bid from global giant BHP Group Ltd., but the minerals development company in Ontario’s Ring of Fire region is leaving the door open to a higher offer. Backed by Australian billionaire Andrew Forrest, …

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