Hecla Mining offers $774 million for Aurizon Mines

By Cecilia Jamasmie

U.S. silver producer Hecla Mining (NYSE:HL) announced Monday it will buy Canadian Aurizon Mines (TSX:ARZ) (NYSE:AZK), for about $774 million (Cdn $796m) to gain control of a gold mine in Quebec, only a month after the Vancouver-based company rejected a hostile offer from fellow Canadian Alamos Gold (TSX:AGI).

The offer …read more
Source: Mining.com- Gold News