Morning Briefing: Agnico Eagle Mines Announces Investment In Wallbridge Mining
Agnico Eagle, the world's second-largest gold producer, has agreed to purchase approximately 244 million additional shares of Wallbridge Mining at C$0.092 per share for total consideration of roughly C$22.4 million, which will increase its ownership stake in Wallbridge from approximately 9.4% to nearly 19.6% on a non-diluted basis.
Sigma Lithium is appealing what the company calls a surprise ruling issued May 17 by a local Brazilian judge in Aracuaí that included a potential US$10 million legal collateral. The case involves the company’s waste disposal. Also in the news is Gold Hart Copper…
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