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Gold/Mining/Energy : Gold Price Monitor

GDXJ 109.23

+3.7%

Nov 28 4:00 PM EST

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To: Rarebird who wrote (54122)	6/13/2000 5:11:00 AM
From: Broken_Clock	Read Replies (1) of 116779

Internet merger mania takes hold of gold. INDEX: Business, Finance, International, Labour, Mining Source: Canadian Press/Associated Press Publication date: 2000-06-13 TORONTO (CP) -- Franco-Nevada Mining and South Africa's Gold Fields were expected to announce their merger in a deal that would create a $5 billion gold mining giant, the National Post reported today. The deal, which could be announced as early as today, will see Gold Fields shareholders receive one of Toronto-based Franco-Nevada shares for every three Gold Fields shares, the paper said quoting sources. About 150 million Franco-Nevada shares worth $2.5 billion will be issued to complete the deal. The two companies declined to comment Monday. (National Post)

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