Kirkland Lake Gold Inc. (TSX: KLG) and Newmarket Gold Inc. (TSX: NMI) announced Thursday that they have entered into an agreement to merge in an all-stock deal valued at C$1.01 billion. The merger will create a value of $2.4 billion and produce over 500,000 ounces of gold annually for Kirkland. […]
Tag: precious metals
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Is it 2008 in Europe?
*update @ 9;44am AFP reported Friday that the total fine would be just $5.4 billion. German powerhouse Deutsche Bank has again unnerved the markets as trouble with US bank regulators for its selling of risky mortgages. The incredible $14 billion demand is raising the concern in Europe as Germany the […]