M&A

Lack of potential shareholder return cited as New Century snubs Goro deal

NEW Century Resources has walked away from the potential acquisition of the Goro nickel project in New Caledonia after indicating it was unimpressed with the potential financial rewards of the venture.

 Goro, New Caledonia

Goro, New Caledonia

"While New Century's due diligence and business analysis is now complete, which indicated strong potential for sustainable long-term operations at Goro, negotiations with various stakeholders have not...

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