TSX:ELDMetals and Mining
Eldorado Gold Foran Deal Builds Copper Exposure And Undervalued Growth Story
Eldorado Gold (TSX:ELD) has agreed to acquire Foran Mining in a deal aimed at creating a larger gold copper producer with long-life assets.
The transaction is expected to close later this year, subject to customary approvals.
The combined company is expected to have a broader asset base and increased exposure to critical minerals demand.
Eldorado Gold, a mid-tier producer focused on gold mining, is moving to add copper exposure through the planned acquisition of Foran Mining. For investors,...