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They must expect more discoveries: Valkea Resources CEO on Agnico Eagle's $3.7B Finnish deal
Published 2 weeks, 2 days ago
Description
Agnico Eagle, the world's second largest gold producer, announced yesterday it is spending $3.7 billion to acquire a trio of companies and assets in Finland: Rupert Resources, Aurion Resources and B2Gold's joint venture stake.
Valkea Resources' CEO Thomas Credland said that "Finland has been a bit of a laggard in terms of exploration dollars in the ground" and Agnico likely sees discovery upside.
Valkea is focused on Finland’s highly prospective Central Lapland Greenstone Belt, including its flagship Paana project.