Australia's Resolute Mining to acquire Africa's Toro Gold for $274m

Australia's Resolute Mining to acquire Africa's Toro Gold for $274m

Photo: Dominik Vanyi/Unsplash

Resolute Mining Ltd said on Wednesday it would buy West Africa-focused Toro Gold Ltd in a cash and stock deal worth $274 million, as the company looks to expand production amid a run of consolidation in the gold industry.

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