Aurizon Recommends “No” to $780-million Takeover Offer
Gold – Aurizon has recommended that shareholders reject a $4.6-per-share hostile bid as "inadequate and opportunistic."
Gold – Aurizon has recommended that shareholders reject a $4.6-per-share hostile bid as "inadequate and opportunistic."
Gold – B2Gold Corp. (TSX:BTO) and CGA Mining Ltd. (TSX:CGA) announced that B2Gold will buy CGA for C$1.1 billion to create a merged company that will operate — among other projects — the Philippines-based Masbate gold mine, which is slated to produce 200,000 ounces of gold from June 2012 to June 2013.
Gold – CGA Mining Limited (TSX:CGA) reported record production results for the June 2012 Quarter. A total of 50,813 ounces of gold was the result of the processing of 1,728,751 tonnes at an average grade of 1.08g/t Au.
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