Sabre Gold Mines Corp (SGLDF)

[goldenpolarbear]

”... South32 Agrees $1.3 Billion Deal to Acquire Arizona Mining...”

“...“We are still very much active,” in searching for deals, South32 Chief Executive Officer Graham Kerr said in a phone interview. “People want us to put their cash to work.” The producer, a losing bidder in some recent mines sales, sees more value in undeveloped projects as prices paid for many existing copper and coking coal operations have been too high, he said.

Miners are seeking to strike deals and bolster growth pipelines as they continue to generate strong cash flow amid firm commodity prices. The value of proposed, pending and completed M&A in the sector rose for a second successive year to about $59 billion in 2017, according to data compiled by Bloomberg.
South32 also has stakes in other smaller companies including Trilogy Metals Inc., a developer of copper projects in Arizona, and AusQuest Ltd., which is exploring in areas including Peru. There’s no immediate need to add to these positions as the producer has a clear pathway to acquire control of those developers, Kerr said in the interview.

https://www.bloomberg.com/news/articles/2018-06-17/south32-agrees-1-3-billion-deal-to-acquire-arizona-mining

Might Kerr Mines become a subsidiary of ... Graham Kerr ?

https://www.south32.net/investors-media

http://kerrmines.com/

Arizona Mining is just down the road and Copperstone may have a massive copper and gold... $o... https://www.arizonamining.com