Russian Gold Company Merger in the Offing
Gold – A Russian gold company the size of Goldcorp could be formed now that Russian billionaire Mikhail Prokhorov has sold a stake in the country's biggest gold miner.
Gold – A Russian gold company the size of Goldcorp could be formed now that Russian billionaire Mikhail Prokhorov has sold a stake in the country's biggest gold miner.
Gold – Mining Weekly reported that Guyana Goldfields filed a positive technical report with for its Aurora gold project in Guyana. As quoted in the market report:
Gold – Gold’s role as the ultimate store of value remains evident and, “industry consolidation remains a strong theme in both the resource and gold sector. When this happens, supply actually contracts as the acquiring company prioritizes the best projects in the new combined company."
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