Canadian miners Rio Alto Mining Ltd.RIO.T -7.98% and Sulliden Gold Corp.SUE.T +33.33% have agreed to merge, creating a midtier gold producer focused on mining operations in Peru where the companies own adjacent projects. Sulliden shareholders will get 0.525 of a Rio Alto share for each share held, plus 0.10 of a share in spinoff company.
Popular Posts
-
Supply growth is seen putting downward pressure on copper prices this year, but the falls are expected to be cushioned by steady demand fo...
-
Across the Gulf region, most conventional lenders and Islamic banks cleaned up their balance sheets from the debris of the financial crisi...
-
What to look out for in 2014 Over the past few months it’s become clear that Tencent and Alibaba are butting heads over who will get a...
-
Japan's health ministry is looking into a problem with a multi-million-dollar, state-backed research project on Alzheimer's diseas...
-
The WSJ reports,"LaSalle Investment Management has raised $1 billion this year to invest in real-estate assets in Asia, in th...
-
Brazil's current account deficit narrowed in September from the previous month as the foreign trade surplus firmed, but the improvemen...
-
With a string of military gains across northeastern Syria, a Kurdish militia is solidifying a geographic and political presence in the war...
-
"LNG STUCK ON AMBER America’s slow move toward exporting its natural gas bounty could be delayed still further . The Obama admin...
-
Japan and the United States crossed swords over automobile issues in three-day bilateral talks held in Tokyo through Friday in parallel to...
-
The ship-building industry may be set for a turnaround. A consultant that tracks the global shipping industry reports 153 large new cargo ...
