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Teck Cominco accepts SOG offer for PacMin

SONS of Gwalia has won its takeover bid for gold producer PacMin Mining after Canadian metals miner Teck Cominco said it had accepted the offer.

Greg Tubby
Teck Cominco accepts SOG offer for PacMin

Teck Cominco, which holds an 80% stake in PacMin, said it expected to receive about C$40 million (A$49.5 million) in cash and a 12% interest in SOG under the cash and stock offer announced by the Perth-based...

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