Alamos Gold to buy smaller peer Argonaut for $325 mln

Canadian gold miner Alamos Gold will acquire smaller rival Argonaut Gold for $325 million in an all-stock deal, the companies said on Wednesday. The deal would increase Alamos' gold production to 600,000 ounces per year, with a longer-term production potential of over 900,000 ounces per year, the…#alamosgold #argonautgold #alamos #magino #islandgold #ontario #mexico #spinco #00185alamos
Source: Reuters: Health - Category: Consumer Health News Source Type: news