Article
Top 10 mining_global
Eldorado Gold Corp. Buys Out European Goldfields Ltd.
By Admin
July 31, 2014
undefined mins
In a cash-and-shares deal, Eldorado Gold acquired Eu...
In a cash-and-shares deal, Eldorado Gold acquired European Goldfields Ltd. for $2.4 billion, creating a gold producer with a market value of $11 billion. The deal, which was completed on February 24, 2012, gave Eldorado the rights to the company’s Stratoni mine in Greece and two additional projects in Greece and Romania.
By 2015, Eldorado will have an annual gold production exceeding 1.5 million troy ounces.
Share
Share
- Creating a leading diversified uranium companySupply Chain & Operations
- BHP Petroleum merger with Woodside on track for June 1Supply Chain & Operations
- Newmont Goldcorp announced as world's biggest gold minerAutomation & AI
- Newmont declares shareholder approval for $10bn Goldcorp takeoverAutomation & AI
RelatedContent