Business
Perseus Mining Focused on Internal Growth; Will Keep Predictive Stake For Now
chief executive said the gold producer is focused on developing its own growth options after a failed bid for Predictive Discovery and has no current plans to sell its stake in the Africa-focused explorer.
Australia-listed Perseus in December offered to buy Predictive Discovery in a deal valuing the explorer at more than US$1.3 billion. The proposal was later overtaken by a merger deal with Canada’s Robex Resources.
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