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M&A
Takeover battle for SolGold is 'about to begin'
In London it’s the hottest M&A story in town, with the smart money saying a take-out of Ecuador-focused SolGold is imminent. SolGold controls Alpala, one of the world’s largest and highest-grade undeveloped copper deposits.
A bid could come after publication shortly of a long-awaited prefeasibility study for Alpala which is forecast to cost up to US$2.8 billion to build, with first production slated for 2025. Returns are...
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