AngloGold buys Augusta Gold in Nevada push

AngloGold Ashanti (JSE: ANG; NYSE: AU) agreed to buy Canadian explorer Augusta Gold (TSX: G; US-OTC: AUGG) for about $152 million (US$111 million) in cash to further expand its Nevada footprint. Augusta shares surged. The $1.70-a-share price represents a premium of about...

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