Yukon-Nevada explores options This folks should get interesting from hereon ... I say Newmont is the likely contender.
Gold miner Yukon-Nevada Corp. said it has initiated a strategic review of its operations that may include a sale of the company. Yukon-Nevada, which has a market value of $258.3 million, may also look into a business combination, joint venture, merger or other alternatives. The Jerrit Canyon property in Nevada, the company's primary asset operated by its subsidiary Queenstake Resources USA, also has two mills - a dry roasting and a wet mill for processing oxide ore. Barrick and Newmont as likely contenders.
Yukon-Nevada holds a portfolio of gold, silver, zinc and copper properties in the Yukon and Nevada.