Centerra Gold made an offer for European Goldfields

Canada’s Centerra Gold (CG.T) has made an offer for European Goldfields , The Sunday Times reports, without citing sources.

European Goldfields, which owns the rights to three sites in northeast Greece, confirmed last week it has received several expressions of interest, but that no formal bids have been tabled.

The Sunday Times said Centerra’s interest emerged after Eldorado Gold (EGO) made a preliminary approach.

Earlier this year, the company received a long-awaited environmental permit to develop two of its Greek gold projects, which will help the company become Europe’s largest primary gold producer.

European Goldfields wasn’t available for immediate comment Sunday. – MarketWatch

Tags: Centerra Gold, Gold, Gold Fields, Gold mining, Gold mining companies, Gold mining industry

Posted by admin on Dec 12 2011. Filed under Gold mining. You can follow any responses to this entry through the RSS 2.0. You can leave a response or trackback to this entry