African Gold M&A is all GO!
We start the week chatting about the news that Perseus (PRU) has picked up 19.9% of Tanzanian gold developer OreCorp (ORR), tainting SilverCorp’s (SVM.t) plans for a smooth takeover. On the theme of African gold, we touch on Tietto Minerals (TIE) target statement, including an Independent Expert Report highlighting that Zhaojin’s bid is not fair and not reasonable. Wrapping up on African gold we touch on Tuarco’s deal with Endevour before rounding out the show on the news that troubled Aussie miner Aeris (AIS) is raising $30m. All Money of Mine episodes are for informational purposes only and may contain forward-looking statements that may not eventuate. The co-hosts are not financial advisers and any views expressed are their opinion only. Please do your own research before making any investment decision or alternatively seek advice from a registered financial professional. Thank you to our Podcast Partners: DSI Underground - Supplier of Ground Support Products to the Mining and Tunnelling industriesTerra Capital – Specialist investment manager in the natural resources sectorMcMahon Mining Title Services (MMTS) – Australia-wide tenement service expertsFutureproof Consulting – Specialist mining-industry sustainability consultants providing ESG solutions for miners of all sizes, stages and commoditiesAnytime Exploration Services – Exploration workers, equipment, core cutting/storage + much moreKCA Site Services – Underground mining machine hire for IT’s, normet’s, trucks and moreJP Search – Recruitment specialists for the financial worldBrooks Airways – Perth’s leading charter flight operatorsK-Drill – Safe, reliable, and productive surface RC drillingJoin our exclusive Facebook Group for the Money Miners and request access to the Hooteroo chat group.Subscribe to our weekly newsletter HOOTEROO HERALDFollow Money of Mine on YouTubeFollow Money of Mine on TwitterFollow Money of Mine on LinkedInFollow Money of Mine on Instagram Chapters:(00:00) Preview(00:30) Introduction(01:05) How Junior Miners can get more bang for their buck(05:17) Perseus go substantial on OreCorp, getting in SilverCorps way(11:02) IER deems Zhaojin's bid for Tietto not fair & not reasonable(18:31) Turaco do a deal with Endeavour(20:05) Aeris rattling the tin for 30 bucks