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Primero Mining Corp Not Looking To Sell Itself After Northgate Walked

Canadian gold miner Primero Mining Corp (P.TO) has not received any offers, nor is it looking to sell itself after Northgate Minerals (NGX.TO) left it at the altar, its chief executive said, according to a Reuters report.

Instead, the Mexico-heavy miner has been approached to buy other projects, CEO Joseph Conway told Reuters. He said the company's attention is squarely focused on the Americas.

The stock touched a day high $3.71 early Tuesday. It dipped from there but was back up around $3.70 before midday. Then it slumped again, and this time the losses stuck. The stock touched a negative $3.46 this afternoon.

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The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

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