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BHP 'remains confident' in its offer for Noront

BHP has agreed to allow takeover target Noront Resources to grant due diligence access to Andrew Forrest’s Wyloo Metals.

Kristie Batten
Noront is the biggest landholder in Ontario's Ring of Fire

Noront is the biggest landholder in Ontario's Ring of Fire

BHP made a C55c per share cash offer for Noront in late July, which trumped an early 35c per share conditional proposal from Wyloo. Wyloo upped its proposal this week to 70c per share, 27% above BHP's...

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