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Andean Resources LTD (AND) |
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more ▼WIKI ANALYSIS
WIKI ANALYSIS| This company has recently been acquired or received a credible acquisition offer. |
TOP CONTRIBUTORS
In September 2010 Goldcorp approached Andean Resources with a $3.6 billion takeover offer. Since then the deal has won shareholder approval from the boards of both companies. Andean has a 100% interest in Argentina's Cerro Negro Gold project, that also attracted the attention of Eldorado Gold which also attempted to buy Andean for $3.4 billion.[1][2]
Andean Resources was Australia's second largest gold miner.[3] The Cerro Negro gold mine has 2.1 million ounces of gold and 20.6 million ounces of silver.[2]
References
- ↑ Goldcorp says gets requisite shareholder majority for Andean buy (2010-12-03).
- ↑ 2.0 2.1 Eldorado, Goldcorp vie for Andean Resources (2010-09-03).
- ↑ Cerro Negro gold prospects may draw predators to Andean Resources (2010-09-07).
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