New Gold agrees to buy Silver Quest
Gold producer snags key assets at, near Blackwater Project in stock deals with two juniors; invests in Yukon-focused spinoff
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Last updated 10/30/2011 at Noon
New Gold Ltd., less than six months after gaining majority ownership of the Blackwater Gold Project in central British Columbia, has moved to consolidate its control of the project. The mid-tier gold producer reported Oct. 17 it had entered into agreements to acquire two juniors that currently claim significant stakes in gold-rich properties believed to host the mineral resource.
New Gold enter...
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