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Teranga Gold Corporation T.TGZ

Metals & Mining Industrial Metals & Minerals
Teranga Gold Corp is a Canadian-based gold company with assets is production, development, and exploration situated on prospective gold belts across West Africa in Burkina Faso, Cote d'lvoire and Senegal.


TSX:TGZ - Post by User

Teranga Gold Corporation > And then there is also this possibility....
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Post by mercedesmanon Sep 17, 2019 4:10pm
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Post# 30137153

And then there is also this possibility....

And then there is also this possibility....CHINA’S SECOND-LARGEST GOLD MINER IS TARGETING COMPANIES WITH ASSETS IN OPERATIONAL STAGES THAT HAVE RAMP-UP PLANS


The miner, listed both in Canada and Hong Kong, is targeting companies with assets in operational stages that have ramp-up plans. The company is comfortable making purchases with a price tag at roughly $1-billion to $2-billion, Xie said.

The company is open to studying potential acquisitions of single-asset companies with mines near production, he said. It is also interested in possible asset sales that may come from Barrick Gold and Newmont Goldcorp, which both have plans to divest after recent mega-mergers.

https://www.mining.com/web/china-gold-is-hunting-for-deals-worth-as-much-as-2-billion/

Perhaps they should buy both Massawa and Teranga for $ 1.2 to 1.5 B?
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