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AIC eyes big jump in copper-gold mining after winning Demetallica

AIC Mines believes is eyeing annual production of more than 20,000t of copper and 10,000 ounces of gold in concentrate after convincing explorer Demetallica to accept its increased scrip takeover offer.

Michael Quinn
Demetallica's copper-gold near Cloncurry is now in AIC hands

Demetallica's copper-gold near Cloncurry is now in AIC hands

Demetallica's board has agreed to recommend the implied 39c per share bid to the company's shareholders after rejecting the initial offer in September of 33.7c/share. The transaction has a notional...

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