Finance > M-a

NDM's Pebble rolls forward with FQM option

The controversial but compelling Pebble project in Alaska may have proven too much for Anglo American (LN:AAL) and Rio Tinto (LN:RIO), but First Quantum Minerals (CN:FM) is now giving its massive potential the once over.

Finance > M-a

NDM's Pebble rolls forward with FQM option

The controversial but compelling Pebble project in Alaska may have proven too much for Anglo American (LN:AAL) and Rio Tinto (LN:RIO), but First Quantum Minerals (CN:FM) is now giving its massive potential the once over.

NDM's Pebble rolls forward with FQM option

First Quantum will be carrying out an intense due dilligence process before signing a definitive agreement at Pebble

The controversial but compelling Pebble project in Alaska may have proven too much for Anglo American (LN:AAL) and Rio Tinto (LN:RIO), but First Quantum Minerals (CN:FM) is now giving its massive potential the once over.

The Toronto-listed company has entered into an option agreement with project owner Northern Dynasty Minerals (CN:NDM) that could see it acquire a 50% interest in the copper-gold-molybdenum deposit for US$1.5 billion.