Kirkland Lake buying Detour Gold in stock deal worth $3.7-billion

Mining News Pro - Canada’s Kirkland Lake Gold is buying smaller rival Detour Gold in an all-stock deal worth C$4.9 billion ($3.7 billion) that boosts the already large list of mergers and acquisitions to have swept the sector this year.

Detour Gold stock hits two-month high on strong Q3 results

Mining News Pro - Shares of Detour Gold surged over 11% to a two-month high on Friday following the release of the company’s third quarter operational and financial results. For the quarter in review, the Toronto-based gold miner reported adjusted earnings of $35.3 million, compared to a net loss of $1.5 million in the same quarter last year, beating analysts’ estimates.

Detour Gold, Golden Star, Quaterra, Sherritt, and Taseko Mines

Mining News Pro - Patrice Merrin is the new chair of Detour Gold Corp. in Toronto. She is currently a director of Glencore plc, and has held numerous other executive and board positions in the resource sector.

Detour Gold, Nevsun, Strongco, and Taseko

Mining News Pro - Detour Gold Corp. of Toronto has named Bill Williams as interim CEO, following the resignation of Michael Kenyon. The company is seeking a permanent executive.

Detour Gold names Paulson backed Bill Williams as interim CEO

Mining News Pro - Detour Gold said on Thursday it has picked Paulson & Co-backed nominee Bill Williams to be its interim CEO, replacing Michael Kenyon.

Detour Gold, New Energy Metals, SNC-Lavalin and Sniper Resources

Mining News Pro - Following a drawn-out proxy fight, Toronto-based Detour Gold Corp. has reconstituted its board of directors.

Detour Gold refreshes board with three new appointments

Mining News Pro -TSX-listed Detour Gold has appointed three new directors in a move to augment its board’s experience and expertise in large-scale openpit mining ahead of a December 11 shareholders meeting to vote on a replacement of the company’s board.

Detour Gold sets date for special meeting

Mining News Pro - Intermediate gold producer Detour Gold has called a special shareholders meeting for December 11, in response to a requisition from hedge fund manager firm Paulson & Co.

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