Centerra to Buy Debt-Choked Thompson Creek for $1.1 Billion

  • Stock-swap component of transaction worth about $135 million
  • Royal Gold’s streaming stake on Mount Milligan to be amended

Centerra Gold Inc. agreed to acquire Thompson Creek Metals Co. in a deal valued at $1.1 billion as the Toronto-based miner looks to expand in North America and reduce its dependence on Central Asia.

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