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Asanko Gold drops 10%, PMI soars 35% as companies merge

Ana Komnenic | December 17, 2013 | 5:41 pm Precious Metals Africa Europe Gold 

After a failed merger attempt earlier this year, Canada's Asanko Gold (TSE:AKG) has struck a deal to acquire PMI Gold (TSE:PMV) for C$183 million. The new company is on route to produce 400,000 ounces of gold annually by 2017. Asanko's...

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