trending Market Intelligence /marketintelligence/en/news-insights/trending/H03azoJN5O1kcqRYhLtqGQ2 content
Log in to other products

Login to Market Intelligence Platform

 /


Looking for more?

Contact Us
In This List

Report: Swiss refiner Valcambi offers US$16M to buy bankrupt Republic Metals

Greenhouse gas and gold mines Nearly 1 ton of CO2 emitted per ounce of gold produced in 2019

Essential Metals & Mining Insights - September 2020

Essential Metals & Mining Insights - August 2020

State of the Market: Mining Q2-2020


Report: Swiss refiner Valcambi offers US$16M to buy bankrupt Republic Metals

Valcambi SA put up a US$16 million stalking horse bid to acquire the assets of Republic Metals Corp., which filed for bankruptcy in 2018, Reuters reported Jan. 9, citing a source familiar with the matter.

The New York bankruptcy court approved the Swiss precious metals refiner's offer, implying that any bid for the distressed American refiner must be higher than Valcambi's, according to the report.

Valcambi had reached an understanding to acquire Republic Metals, subject to due diligence proceedings. However, Republic Metals filed for bankruptcy Nov. 2, 2018, resulting in the deal falling through.