Polymetals sets sights on gold juniors
Blue sky | As junior explorers find their cash balances waning and raising options unpalatable in the current market, they may want to strike up a conversation with Brisbane-based miner Polymetals.
As junior explorers find their cash balances waning and raising options unpalatable in the current market, they may want to strike up a conversation with Brisbane-based miner
The low-profile company has $10 million in cash and, with its White Dam heap leach gold operation in South Australia due to run out by mid-year, it is on the prowl for acquisitions.
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