Deals
European Goldfields Gains After Report of Centerra Approach
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European Goldfields Ltd., a metals explorer and mine developer with projects in Greece, Romania and Turkey, reached the highest price in five months after Centerra Gold Inc. reportedly expressed interest in the company.
European Goldfields rose 4.4 percent to C$13.43 at the close in Toronto, the highest price since July 8, after the London-based Sunday Times reported yesterday that Centerra made an approach to the company. Centerra’s interest came after Vancouver-based Eldorado Gold Corp. made a preliminary approach, the newspaper reported, citing unidentified sources.