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Australia’s Evolution Mining to buy Canadian gold mine from Newmont
Australia’s Evolution Mining Ltd on Tuesday agreed to buy Canadian gold mining complex Red Lake from Newmont Goldcorp Corp for $375 million in cash. Evolution also agreed to pay an additional $100 million upon new resource discovery at the mine. “Red Lake is an...BHP becomes Ecuador-focused SolGold’s largest shareholder
World’s largest miner BHP has increased its stake in Australian miner SolGold to 14.7% from 11.1%, which boosts its exposure to copper, one of the key metals for the world’s green initiatives. The mining giant said on Monday it had paid 17.1 million pounds ($22...
Kirkland Lake buying Detour Gold in stock deal worth $3.7-billion
Canada’s Kirkland Lake Gold is buying smaller rival Detour Gold in an all-stock deal worth C$4.9 billion ($3.7 billion) that boosts the already large list of mergers and acquisitions to have swept the sector this year. Kirkland is offering 0.4343 shares to Detour Gold...
Overview Market Close – November 25, 2019
Americas Name Value Net Change % Change DOW JONES INDUS. AVG 28,066.47 +190.85 +0.68% S&P 500 INDEX 3,133.64 +23.35 +0.75% NASDAQ COMPOSITE INDEX 8,632.49 +112.60 +1.32% NYSE COMPOSITE INDEX 13,532.89 +91.94 +0.68% S&P/TSX COMPOSITE INDEX 17,032.86 +78.02...