OceanaGold spurned by rival gold miner

Alacer Gold has rebuffed rival gold miner OceanaGold Corporation [NZX: OGC] after the triple-listed company attempted to woo it for a takeover bid more than once this year.

OceanaGold, listed on the Australian, New Zealand and Canadian stock exchanges, released a statement today saying it had made a number of approaches to Canadian gold miner Alacer since February seeking to “explore the merits” of combining the businesses.

 

Want to read more?

Choose a Subscription type that's right for you HERE
Already have an account? Login