Browsing Tag
Ernest Henry
2 posts
Evolution Mining agrees A$213m Carnaby Resources deal to expand Ernest Henry copper growth
Evolution Mining has agreed to acquire Carnaby Resources through an all-share scheme, gaining the Greater Duchess copper-gold project and potential processing synergies with Ernest Henry. The strategic logic is compelling, but project integration and shareholder approval remain the decisive tests.
Carnaby Resources (ASX: CNB) soars 58% as Evolution Mining launches takeover
Carnaby Resources (ASX: CNB) surged 58% on Evolution Mining’s A$213m offer. See the deal terms, risks and key shareholder decisions.