Northgate rushes to 52-week high on AuRico deal

Northgate Minerals Corporation (T.NGX) hit a new 52-week high of $4.32 Monday. Northgate and AuRico Gold Inc. announced that they have entered into a definitive acquisition agreement to create a new leading intermediate gold producer.

The new company will have five operating gold mines, a sixth mine targeting production in 2012 and three gold development projects in Mexico, Canada, and Australia, three of the top global mining jurisdictions.

Scorpio Mining Corporation (T.SPM) hit a new 52-week high of $2.26 Monday. No news announcements today

Detour Gold Corporation (T.DGC) hit a new 52-week high of $35.33 Monday. No news announcements today

Elemental Minerals Limited (T.ELM) hit a new 52-week high of $1.50 Monday. No news announcements today





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