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MERGER: Centerra, Thompson Creek to unite in $1.1B deal
TORONTO and DENVER – Centerra Gold and Thompson Creek Metals Company have struck a friendly deal for Centerra to acquire all of the shares of Thompson Creek in an arrangement worth US$1.1 billion. Thompson Creek shares will be exchanged on…
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Centerra to appeal environmental fines
Centerra Gold’s (TSX: CG) subsidiary has been ordered to pay US$98 million for environmental damages at the Kumtor gold mine, and faces another US$225 million in environmental fines, all of which the company intends to appeal. On May 25, the…