Kirkland Lake Gold Inc. (TSX:KGI)(AIM:KGI) reported that Mark Stephen Tessier has been appointed Chief Operating Officer and John Sidney Thomson has been appointed Chief Financial Officer. In addition, Mr. Tessier and Mr. Thomson have been appointed to the Board of Directors. The press release is quoted as saying: The Company purchased the Macassa Mine and [...]
The Financial Post reports a list of gold companies that Genuity Capital says could be takeover targets with the rising price of gold and the disconnect between the valuation of junior and senior gold companies. Included in the list are Allied Nevada Gold Corp. (AMEX:ANV), Mineral Deposits Ltd. (ASX:MDL), Kirkland Lake Gold Inc. (TSE:KGI), Andean [...]
By Dave Brown – Exclusive to Gold Investing News On Tuesday, U.S. Treasury Secretary Henry Paulson and Federal Reserve Chairman Ben Bernanke advocated rapid legislative approval of the plan for the Treasury to spend up to US$700 billion to obtain distressed assets from the banks. Questions about the oversight of the bailout- whether the proposal [...]
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