Australian miner seeking to expand footprint in BC’s Golden Triangle

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MELBOURNE (CU)_Over the recent months Canada’s gold sector has reported a wave of mergers and acquisitions, with Toronto-based Agnico Eagle Mines and Kirkland Lake Gold announcing a merger in September, while AngloGold Ashanti offered to acquire the remaining stake in Corvus Gold, a junior gold exploration and development company in Vancouver, in the same month.

Pretium Resources Inc., also headquartered in Vancouver, is now on track to follow suit, as an Australian gold miner and explorer recently agreed to acquire the company in a cash and shares deal.  Melbourne-based…

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