Loading ...Gold-exploration firm Rubicon Minerals (C$0.05, down 64%) said it has hired advisers to undertake a strategic review of options to boost shareholder value, including alternatives such as a merger or sale, new financing and capital restructuring. It also said it expects to record a “significant” impairment charges related to an updated resource estimate for the Phoenix gold project and its decision to suspend activities related to the Phoenix project implementation plan.
Ugly