Gulf Alumina to accept Metro’s takeover offer
Published: Thursday, 17 November 2016
The board of the junior bauxite miner sees Metro Mining’s offer as a better deal against a previous buyout offer by Moly Mines.
Australian explorer and miner Metro Mining
Ltd is winning the race to acquire junior bauxite
developer Gulf Alumina Ltd, whose board has approved its
takeover offer over a separate bid by rival miner Moly Mines
The board of Gulf...