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Gold/Mining/Energy : Gold Price Monitor

GDXJ 114.62

+1.2%

Dec 17 4:00 PM EST

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To: Enigma who wrote (35848)	6/24/1999 6:51:00 PM
From: John Hunt	Read Replies (1) of 116815

Canada royalty firms merge to create gold giant << Canadian royalty firms Franco-Nevada Mining Corp Ltd. (Toronto:FN.TO - news) and Euro-Nevada Mining Corp Ltd. (Toronto:EN.TO - news) announced on Thursday a merger that will create the world's fifth-largest gold company by market capitalization. The Toronto-based sister companies, long considered two of the darlings of the ailing gold sector, said the $3.5-billion merger would create a large, liquid company with broad appeal to the investment community. The new firm will be named Franco-Nevada Mining Corp. Ltd ... more ... >> biz.yahoo.com

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