What impact did low interest rates have on precious metals this year?
TSX Movers: Suncor, Precious Metals, Goldrock Mines
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The video discusses an oil sands producer's decision to sell shares to raise $2.5 billion for debt reduction and acquisitions, including a stake in the Syncrude joint venture. It highlights the surge in precious metals due to low interest rates and ECB's actions in the corporate bond market. Additionally, it covers Goldrock's agreement to sell itself to Fortuna Silver Mines in a $129 million stock deal, emphasizing the Lindero Gold Project in Argentina.
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3 mins • 1 pt
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What was the outcome of Goldrock's agreement with Fortuna Silver Mines?
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