Copper $ 5.5253 / lb 1.80%
Brent Crude Oil $ 60.11 / bbl 0.57%
Palladium $ 1767 / ozt -0.62%
Crude Oil $ 56.33 / bbl 0.77%
Natural Gas $ 3.934 / Btu -0.20%
Silver Futures $ 66.04 / ozt 0.96%
Aluminum Futures $ 2948 / ton 0.95%
Micro Gold Futures $ 4360.1 / ozt -0.10%
Micro Silver Futures $ 66.015 / ozt 0.91%
Platinum $ 1985.15 / ozt 1.64%
Gold Futures $ 4360.4 / ozt -0.07%
Go to MDC Markets

Panoramic Resources confirms hostile bid for competitor Magma Metals‎

Cecilia Jamasmie | February 07, 2012 | 2:31 pm Base Metals Australia Europe Nickel 

ASX and TSX-listed Magma Metals (MMW) announced today the appointment of advisers in respect of the unsolicited proposed $40 million takeover offer for Magma by nickel miner Panoramic Resources Limited. Following the now confirmed bid by the Perth-based company, Magma...

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