Alamos Gold Plans Purchase of Aurizon Mines for C$780 Million
Alamos Gold Inc. (TSX:AGI) announced that it has put forward an offer to acquire all of Aurizon Mines Ltd.'s (TSX:ARZ,AMEX:AZK) outstanding shares for about C$780 million in cash and stock. The offer...
View ArticleGold Going to $1,847 This Year: GFMS
Gold bugs had something to celebrate this week when Thomson Reuters GFMS stated in a report that gold will reach record highs in 2013.Continue reading...
View ArticleAurizon Recommends “No” to $780-million Takeover Offer
Aurizon has recommended that shareholders reject a $4.6-per-share hostile bid as "inadequate and opportunistic."Continue reading...
View ArticleHecla Trumps Alamos with $796-million Offer for Aurizon
The $4.75-per-share offer announced on Monday bests Alamos Gold's hostile bid for Aurizon, thus creating a company worth $1.6 billion.Continue reading...
View ArticleGold Trades Flat; Detour Gold Secures $135-million Cushion
Detour Gold, a mid-tier company sitting on what could be the largest gold mine in Canada, received an injection of cash this week.Continue reading...
View ArticleAlamos Gold’s EIA for Kirazli Nears End of Approval Process
Alamos Gold Inc. (TSX:AGI, NYSE:AGI) announced that the EIA report for its Kirazli Project has moved into the final stage of the approval process. Continue reading...
View Article3 Experts, 3 Opinions on Gold and QE
Gold Investing News asked Frank Holmes, Julian Phillips and Peter Schiff what happens to gold if the United States tapers quantitative easing. The experts also weigh in on how the new reality of $1,300...
View ArticleAlamos Gold’s Record 2013 Production Marred by Turkey Troubles
Alamos Gold Inc. (TSX:AGI,NYSE:AGI) announced its financial results for the fourth quarter of 2013 as well as for the year as a whole, commenting that during 2013 it sold a record 198,198 ounces of...
View ArticleKeep the Faith, Says Michael Fowler: Juniors and Midtiers Poised for...
Michael Fowler, senior mining analyst with Toronto-based Loewen, Ondaatje & McCutcheon, predicts when gold breaks out, mining M&A will take off. He expects the major producers to lead the next...
View ArticleIt’s Time to Short Gold: Jeffrey Currie
The Goldman Sachs analyst believes gold will hit $1,050 per ounce by the end of the year.Continue reading...
View ArticleMexico’s Guerrero Gold Belt: An Overview
Combining a rich mining history with huge profit potential in the here and now, the Guerrero Gold Belt is one part of Mexico investors should have their eye on. Here's a look at some of the companies...
View ArticleInjunction Placed on EIA for Alamos Gold’s Agi Dagi Project
Mining Weekly reported that an injunction has been placed on the environmental impact assessment (EIA) for Alamos Gold Inc.'s (TSX:AGI,NYSE:AGI) Agi Dagi gold project, located in Turkey. Continue...
View ArticleAlamos Gold and AuRico Sign $1.5 Billion Merger Deal
Alamos Gold (TSX:AGI,NYSE:AGI) announced that it has signed an agreement with AuRico Gold Inc. (TSX:AUQ,NYSE:AUQ) to form a US$1.5 billion friendly merger that will create a business with operating...
View ArticleMining Investor Guide: The Alamos-AuRico Merger, Part 1
Cipher Research breaks down the proposed merger between Alamos Gold and AuRico Gold. The firm believes both companies are pursuing a sound growth strategy, but believes Alamos may be selling itself...
View ArticleMining Investor Guide: The Alamos-AuRico Merger, Part 2
Cipher Research breaks down the proposed merger between Alamos Gold and AuRico Gold. The firm believes both companies are pursuing a sound growth strategy, but believes Alamos may be selling itself...
View ArticleMining Investor Guide: The Alamos-AuRico Merger, Part 3
Cipher Research breaks down the proposed merger between Alamos Gold and AuRico Gold. In this third and final part of the series, the firm analyzes what the merged entity is likely to look like....
View ArticleNext Frontiers for Over-globalized Mining Industry: Canada and US
Excessive global expansion by North American miners over the past several years has exposed companies to unnecessary risks and large, unexpected losses. In search of more stable political environments,...
View ArticleAlamos and AuRico Announce Completion of Merger
Alamos Gold Inc. (TSX:AGI,NYSE:AGI) and AuRico Metals Inc. (TSX:AMI) announced the completion of the previously announced arrangement to merge and form the new Alamos.Continue reading...
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