Big Gold Miners To Buy Up Juniors At “Eye-Popping Multiples”
July 22, 2021 at 05:34 AM EDT
US-based miner Corvus Gold got an unsolicited, all-cash buyout offer from industry giant AngloGold Ashanti. The offer was about 20% higher than Corvus’ prior-day price but barely above its year-to-date high.
