PE Deals

Waterton looking to sell Dumont nickel project: Bloomberg

Canadian mining private equity firm Waterton Global Resource Management has hired advisers to sell its Dumont nickel project in Quebec, sources told Bloomberg.

By
Iris Dorbian
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Canadian mining private equity firm Waterton Global Resource Management has hired advisers to sell its Dumont nickel project in Quebec, sources told Bloomberg. The project could fetch as much as $1 billion in a sale, which will be run by Goldman Sachs Group, the sources said. The auction is expected to draw interest from other miners, automakers, battery makers and financial players.

Source: Bloomberg