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Top-10 Producer Offers $150M for Nevada Gold Property

Coeur Mining Inc. shares traded 18% higher after the company reported it has agreed to sell its Southern Nevada Holdings to AngloGold Ashanti Ltd. for $150 million in cash. The purchase by AngloGold includes provisions for an additional payment of $50 million if the project is shown to host a total resource of 3.5 million ounces of gold or higher.
United States United Kingdom South Dakota South Africa Mitchellj Krebs Stephen Hytha

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Hycroft Reports High Gold & Silver Grades at Nevada Mine

Shares of Hycroft Mining Holding Corp. traded 12% higher after the Nevada gold and silver mining firm reported initial drill results from its Hycroft Mine. The company commented that it has encountered multiple zones of continuous higher-grade silver that extend further than prior interpretations.
United States Kamma Mountains Alex Davidson Stephen Hytha Dianer Garrett First Drilling

Denmark Co. To Buy US Biopharma Co. for $1.1 Billion

Forma Therapeutics Holdings Inc. shares traded 51% higher yesterday after the company reported it agreed to be acquired by Denmarks Novo Nordisk A/S in an all-cash deal for $20.00 per share. With the acquisition, Novo Nordisk aims to expand its global presence in the treatment of rare blood disorders and sickle cell disease.
Ludovic Helfgott Frankd Lee Stephen Hytha Novo Nordisk Biotechnology Pharmaceuticals Drug Administration

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