CAPITAL MARKETS

Mount Oxide deal canned

CHALICE Gold Mine’s planned acquisition of Perilya’s Mount Oxide copper project has been scrapped after Chalice’s directors declined to recommend the deal in its current form in light of the market turmoil.

Charlotte Dudley
Mount Oxide deal canned

In an announcement released shortly after the close of market, Perilya said Chalice’s directors had reached its decision following “the severe downturn in capital markets and the recent substantial fall...

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