Precious Metals

Reuters reported that Capital Gold shareholders (AMEX:CGC) have approved a takeover bid by Gammon (TSE:GAM).

Reuters reported that Capital Gold shareholders (AMEX:CGC) have approved a takeover bid by Gammon (TSX:GAM).

The market news is quoted as saying:

Gammon and Timmins Gold had battled for months to win control of Capital Gold, which owns the El Chanate mine in northern Mexico, a region where both Gammon and Timmins already own operating gold mines.

To read the full market news, click here.

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