Deals
Agnico, Kirkland Began Talks 2 Years Ago to Form Gold ‘Champion’
This article is for subscribers only.
Executives at Agnico Eagle Mines Ltd. and Kirkland Lake Gold Ltd. began talking more than two years ago about combining in what is being described as a C$13.4 billion ($10.6 billion) “merger of equals” between the Toronto-based miners.
“We’re essentially creating a Canadian mining champion,” Agnico’s Chief Executive Officer Sean Boyd said Tuesday during a television interview with BNN Bloomberg.