ESG

Evolution moves closer to Phoenix takeover

EVOLUTION Mining has received Foreign Investment Review Board approval for its takeover of Phoenix Gold, while Zijin Mining has confirmed it's not planning on raising its rival bid.

Andrew Duffy

Evolution moves closer to Phoenix takeover

In a statement today Zijin said while it wasn’t planning on launching a higher offer, it still reserved the right to do so. The updates take Evolution a step closer toward gaining control of Phoenix,...

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